Tag: piracy

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Somali Piracy Threatens Regional Security and Global Economy

Piracy continues to pose a severe threat to the maritime industry, global trade and therefore the entire global economy, Mr. Shapiro stressed.

Gulf of Guinea Countries Need ‘United Front’ to Counter Piracy

The Council encouraged international partners to provide support to regional States and organizations to enhance their capabilities to counter piracy.

West African Subregion Loses $2 Billion Annually to Maritime Attacks

To address the problem of piracy in Gulf of Guniea, the U.S. government says piracy in the Gulf of Guinea requires the strongest possible regional response, with international help.

US Welcomes UN Security Council’s Actions to Prosecute Somali Piracy Kingpins

She highlighted that the development is the latest indication of growing international consensus that these transnational criminals pose a serious shared security challenge for the safety and well-being of seafarers,

Scourge of Piracy in Gulf of Guinea Threatens African Economies

She noted that beyond its impact on the oil sector, by one estimate, attacks on off-shore oil facilities result in the estimated loss of $2 billion annually to the broader regional economy, including the fishing industry and commercial shipping, whi

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