Somalia’s two-year council term is a chance to leverage its strategic position at the crossroads of international maritime trade.
Turkey says top diplomats from Ethiopia and Somalia have held a first round of technical talks aimed at resolving a dispute ...
In mid-January, the International Chamber of Commerce's International Maritime Bureau (IMB) called for vigilance along the Somalia coastline and the Gulf of Aden, as piracy still remains a threat.
Piracy off the Somali coast peaked in 2011 when 237 attacks were reported. Somali piracy in the region at the time cost the world’s economy some $7 billion — with $160 million paid out in ransoms, ...
Ambrey said early Tuesday “a suspected pirate action group has been sighted departing” off the coast of Eyl. Once-rampant piracy off the Somali coast diminished after a peak in 2011.