Islamists say they’ll fight Somali pirates
piracy
A radical Islamic group in Somalia said Friday it will fight the pirates holding a Saudi supertanker loaded with $100 million worth of crude oil. Abdelghafar Musa, a fighter with al-Shabab who claims to speak on behalf of all Islamic fighters in the Horn of Africa nation, said ships belonging to Muslim countries should not [...]
Shipper calls for military force on Somali pirates
cargo80
The world’s militaries must work together to battle pirates off the Somali coast or ships will have to be diverted and the cost of moving goods will skyrocket, one of the world’s largest oil tanker companies said Friday. Frontline Ltd., which sails five to 10 tankers of crude a month through the treacherous Gulf of [...]
Shipping insurance costs may double due to rise in piracy
insurance-premiums-for-ships
The escalation of piracy activities off the coast of Somalia is threatening to greatly increase insurance costs for ships sailing along the Gulf of Aden, said insurance and maritime experts.
The more than 10-fold increase in insurance premiums witnessed on the same route this year is likely to increase by another 60 per cent in December, [...]
Weekly Piracy Report (23 Sept - 29 Sept 2008)
The following is a summary of the daily reports broadcast by the IMB’s Piracy Reporting Centre to ships in Atlantic, Indian and Pacific Ocean Regions on the SafetyNET service of Inmarsat-C from 23 September to 29 September 2008.
ALERT
Gulf of Aden
Masters using the Maritime Security Patrol Area (MSPA) while transiting the Gulf of Aden [...]
Indians on hijacked ship safe, heading for Somalia
Officials from the Directorate General of Shipping (DGS) on Wednesday said that the Japanese vessel MT Stolt Valor, that had been hijacked near the Gulf of Aden on Monday with 22 crew, including 18 Indians, on board, was safe.
Also, officials from the Mumbai-based recruitment agents, Ebony Ship Management, confirmed that contact with the missing [...]
Shipping insurance cost soars with piracy surge off Somalia
A dramatic increase in piracy off the coast of Somalia and a ten-fold increase in insurance premiums has sent the cost of sending ships through one of the world’s busiest transport routes, soaring, shipping experts said yesterday.
The warning came as pirates hijacked the latest cargo ship off the Horn of Africa yesterday. The South Korean [...]
Weekly Piracy Report (02 Sept - 08 Sept 2008)
The following is a summary of the daily reports broadcast by the IMB’s Piracy Reporting Centre to ships in Atlantic, Indian and Pacific Ocean Regions on the SafetyNET service of Inmarsat-C from 02 September to 08 September 2008.
ALERT
Gulf of Aden
Masters using the Maritime Security Patrol Area (MSPA) while transiting the Gulf of Aden are [...]
Weekly Piracy Report (05 Aug - 11 Aug 2008)
The following is a summary of the daily reports broadcast by the IMB’s Piracy Reporting Centre to ships in Atlantic, Indian and Pacific Ocean Regions on the SafetyNET service of Inmarsat-C from 5 to 11 August 2008.
ALERT
Chittagong anchorage, Bangladesh
The number of attacks has reduced since 2006. However, the area is still listed as a [...]
Weekly Piracy Report (15 July - 22 July 2008)
The following is a summary of the daily reports broadcast by the IMB’s Piracy Reporting Centre to ships in Atlantic, Indian and Pacific Ocean Regions on the SafetyNET service of Inmarsat-C from 15 July to 22 July 2008.
ALERT
Chittagong anchorage, Bangladesh
The number of attacks has reduced since 2006. However, the area is still listed as a [...]
Weekly Piracy Report (8 July - 14 July 2008)
The following is a summary of the daily reports broadcast by the IMB’s Piracy Reporting Centre to ships in Atlantic, Indian and Pacific Ocean Regions on the SafetyNET service of Inmarsat-C from 8 July to 14 July 2008.
ALERT
Chittagong anchorage, Bangladesh
The number of attacks has reduced since 2006. However, the area is still listed as a [...]




