Piracy in the waters off Somalia is no longer a threat to global shipping, an industry group said on Monday, after more than a decade of efforts to prevent the attacks that disrupted trade and drove up costs.
The group of six international shipping organisations, which includes the International Chamber of Shipping (ICS) said from the start of next year the Indian Ocean would no longer be considered high risk as there had been no attacks on merchant vessels off Somalia since 2018.
“This announcement is a testament to nearly 15 years of dedicated collaboration to reduce the threat of piracy in the Indian Ocean,” it said in a statement.
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