Has Somali piracy crisis returned? 'Yes and no', says maritime veteran
The seemingly relentless widening of the Middle East conflict beyond the Red Sea appears to ...
Extraordinary development. One the key reasons for the upsurge in Somali piracy was the illegal fishing off its coast, which forced indigenous fishermen with their livelihoods threatened to arm themselves with AK47s and attack cargo ships. Now, with hijackings much more difficult, following the widespread adoption of armed guards, the pirates have begun to acts as armed guards for the very trawlers they once accused of illegally fishing in Somali waters, and are now said to be turning their guns on Somali fishing boats.
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
Capture of MSC Aries will further drive up Indian export costs
Iran may now pose a threat to multimodal supply chains via Dubai
Alex Lennane
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During August 2023, please contact
Alex Whiteman
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Alessandro Pasetti
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