The new pirate era
The fall in Somali piracy has not been mirrored elsewhere.
The new pirate era: 6 charts that reveal how piracy has changed and grown in recent years
There has not been a single successful Somali pirate attack so far this year.
That statistic tells the story of an astonishing turnaround since 2011, when East African pirates captured nearly 300 ships, many of them high-value targets, and held hundreds of people hostage.
An international crackdown on piracy in the region has devastated a criminal industry that just a few years ago was thriving.
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Source: independent.co.uk
Original Article: towergateinsurance.co.uk
