Illegal Fishing Off Somalia

Iranian dhows have been seized by angry Somali fishermen.

Illegal Fishing Off Somalia Seen Spurring Piracy Revival

Piracy that caused havoc to international shipping off Somalia’s coast over the past decade may return if illegal foreign fishing, worth an annual $306 million, continues at its current pace, according to a new report.

Local Somali fishermen, who earn $58 million per year, are angry about fishing by vessels from nations including Iran, Yemen, Egypt and Spain, Secure Fisheries, a Colorado-based program of the One Earth Future Foundation, said in the report. Growing local resentment risks a revival of the piracy epidemic that roiled the region from about 2001 to 2012, the group said.

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Source: bloomberg.com

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