Shipping back to normal off Somali coast as piracy dips

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Shipping back to normal off Somali coast as piracy dips
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The change comes after years of successful counterpiracy operations

Pirates launched attacks on shipping off the coast of Somalia for more than a decade. Picture: BLOOMERG

The global shipping industry has agreed to declassify the Indian Ocean coastline off Somalia as a “high-risk area” after years of successful counterpiracy operations. The change was approved by marine groups including the International Chamber of Shipping and will be operational from January 2023, they said in a statement on Monday.

“No piracy attacks against merchant ships have occurred off Somalia since 2018,” according to the statement. For more than a decade, pirates from Somalia launched hundreds of attacks on commercial vessels in East African waters, in some cases earning millions of dollars in ransom money and forcing shipping companies to adopt security measures such as employing armed guards and installing barbed wire.

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