Somali piracy is down 90 per cent from last year

first_imgGap’s CEO says the retailer wants to shift Banana Republic from a ‘historically’ ‘skinny brand’ to one that’s more ‘inviting’ (GPS) MARITIME PIRACY BY Somali gangs has reached a six-year low, according to a new report from Control Risks.The number of piracy incidents from 1 January 1 to 1 October 2013 was down 90 per cent from the corresponding period in 2012.The huge reduction is due to a few key factors.“Adherence to best management practices by crews and vessel operators; a significant naval presence offshore; and the continued use of armed security on board vessels. Additional onshore factors, such as the development of local security forces, have also played a part,” according to the report.Still, “suspicious approaches” continue in the region and pirate groups “remain operational.” In 2014, activity is “likely to remain at a relatively low level, with periodic spikes.”Here’s the snapshot of global piracy. Look at the crazy drop in the Horn of Africa.via ControlRisks- Steven PerlbergEU carries out air strikes on Somali pirates>Two hostages freed after rescue operation in Somalia>Women ‘embarrassed’ after dressing as pirates to meet former Somali hostage> Disney CEO Bob Iger believes that Disney and Apple would likely have combined if Steve Jobs were still alive One chart reveals how the cost of insulin has skyrocketed in the US, even though nothing about it has changed Volocopter has created an autonomous flying taxi you can hail with your smartphone last_img read more