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Decline in Somali piracy 'fragile and reversible'Decline in Somali piracy 'fragile and reversible'

The participants at the UAE counter piracy conference warned the decline in Somali piracy was “fragile and reversible”.

Marcus Hand, Editor

September 13, 2013

1 Min Read
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In a communiqué issued at the close of the conference it was noted that while the efforts of the international community and the shipping industry had results in a drop in Somali pirate attacks 57 seafarers were still held hostage and the cost to the global economy in 2012 was estimated at $6bn.

“The recent decline in pirate attacks is both fragile and reversible; governments and industry need to maintain their focus on maritime piracy and warn that any easing of security efforts at sea and capacity building on shore will likely see a resurgence of pirate attacks,” it said.

It also called for efforts to undermine the business model of piracy to be expanded. “There is a continuing need for the international community to cooperate on law enforcement, including with INTERPOL, to investigate and prosecute international criminal networks involved in piracy and, in particular, those responsible for illicit financing and facilitation, consistent with relevant UN Security Council Resolutions,” it said.

Participants included the president of Somalia, the secretary general of the Gulf Cooperation Council (GCC), more than 20 foreign and other government ministers, more than 150 top executives of global maritime-sector companies, senior government and military officials from around 50 countries, the United Nations, NGOs, and leading academic experts participated in the conference. The conference was organised by the UAE foreign ministry, DP World and Abu Dhabi Ports Company (ADPC).

 

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About the Author

Marcus Hand

Editor

Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia.

Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation.

In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology.

Marcus is the founder of the Seatrade Maritime Podcast that delivers commentary, opinions and conversations on shipping's most important topics.

Conferences & Webinars

Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars.

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