Combating Maritime Piracy
Maritime piracy has been on the rise for much of the past decade, even as international efforts have helped reduce the number of successful hijackings. The Oceans Beyond Piracy initiative estimates Somali piracy’s impact on the global economy to have been $7 billion in 2011.
Combating Maritime Piracy
Authors: Christopher Alessi, Associate Staff Writer and Stephanie Hanson
Maritime piracy has been on the rise for much of the past decade, even as international efforts have helped reduce the number of successful hijackings, according to the International Maritime Bureau’s (IMB) Piracy 2011 report. Large-scale attacks off the coast of Somalia in 2008 prompted the deployment of an ongoing international coalition of navies to the Gulf of Aden. A report by One Earth Future’s Oceans Beyond Piracy initiative estimated Somali piracy’s impact on the global economy to be $7 billion for 2011, the most detailed estimate to date. A previous report by OEF estimated the global cost of piracy for 2010 to be in the range of $7 to $12 billion.
There were 439 worldwide piracy attacks in 2011, more than half of which were attributed to Somali pirates operating in the Gulf of Aden, the Red Sea, the Arabian Sea, the Indian Ocean, and off the coast of Oman. Other piracy hotspots for 2011 included the coast off Nigeria and Benin in West Africa, and Southeast Asia, near Indonesia. In the case of Somalia, analysts say one of the largest drivers of piracy is the lack of an efficient governing authority in the country.
The Modern Piracy Threat
Pirate attacks are largely confined to four major areas: the Gulf of Aden, near Somalia and the southern entrance to the Red Sea; the Gulf of Guinea, near Nigeria and the Niger River delta; the Malacca Strait between Indonesia and Malaysia; and off the Indian subcontinent, particularly between India and Sri Lanka.
Somali pirates, by far the greatest global piracy threat, have increasingly pushed farther off the Somali coast. They have moved deeper into the Indian Ocean, off Seychelles and the Maldives, and further south along the East African coast, off Kenya, Madagascar, and Mozambique, the IMB’s 2011 report says.
Somali piracy emerged as a potent force shortly after the regime of longtime Somali dictator Major General Mohamed Siad Barre collapsed in 1991. With the absence………[continue reading]