Piracy Threat Rises for Ships Off Somalia This Year, IHS Says

  • Conditions that fueled piracy in 2005-2012 seen re-emerging
  • Somali pirates may soon regain safe havens vital to operations

Ships traveling through waters off the coast of Somalia face an increased risk of piracy this year, fostered by deteriorating political conditions in the center of the Horn of Africa nation, IHS Inc. said.

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