Friday, December 7, 2012

Somali Pirate Attacks Plummeted In 2012

Somali Pirate Attacks Plummet In 2012 -- Voice of America

MOMBASA — Attacks by Somali pirates have fallen dramatically in 2012, a development chalked up to multi-national naval efforts, increased security measures by ships, and developments on land in Somalia.

In the Regional Marine Rescue Coordination Centre, overlooking the port in Mombasa, Kenya, officers watch monitors displaying the location of all the ships along the Horn of Africa.

Vessels continuously broadcast signals to the center, but if hijacked by pirates, the signal is cut and they disappear from the screen.

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My Comment: I guess the Somali piracy business model is broken.

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