Dryad reports piracy drop

Dryad notes decline in reports.

“Cautious Optimism” as Piracy Numbers Decline

On Thursday, consulting firm Dryad Maritime said that there is cause for cautious optimism regarding maritime crime and piracy, with the latest Q3 numbers showing a significant reduction of activity in hotspot regions: the Gulf of Guinea, Southeast Asia and the high risk area off Somalia all saw a marked decline in reported crime over the last three months.

In Southeast Asia, leaving out the Abu Sayyaf kidnappings in the Sulu Sea, maritime crime is at its lowest levels in seven years, due in no small part to a law enforcement campaign in the Straits of Malacca and Singapore.

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Source: maritime-executive.com