2 resultsfor “impact of Somali piracy on shipping”
Somali shores. It is yet unclear which groups are behind the attacks. In the past, local fishermen and various armed groups, including those affiliated with ISIL (ISIS) and al-Qaeda, were involved in hijackings. Analysts
impact of piracy off Somalia on the global economy was as high as $18bn during the height of the crisis. Intermittent hijackings have continued since then, with a number of incidents occurring in the area