Piracy Insight
A report by insurers states that piracy is seasonal and increases near the end of the Monsoon season.
It also reveals that pirates are attacking more often and further from Somalia than ever before and it can take “significant periods of time” to free vessels.
The report states that piracy has moved, with the most notable shift from the Gulf of Aden to the Arabian Sea, which has experienced a 267% increase of attacks.
