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pirates (4)

Here’s How Yacht Owners Are Protecting Themselves From Pirates

In the yachting world, self-defense has gone on the offensive. Roman Abramovich’s 533-foot Eclipse is rumored to have an antimissile defense system, while the 165-foot Thunder could potentially..

Geneva Declaration launched to safeguard human rights at sea

The Geneva Declaration on Human Rights at Sea has been launched to define and defend the human rights of the global maritime population and those crossing the world’s oceans and seas.

UN’s Contact Group on Somali Piracy Changes Mandate

The decline in piracy off the coast of Somalia is one of the recent success stories for the maritime industry. It has demonstrated how stakeholders can unite to solve some of the complex challenges..

NIMASA allege sabotage of territorial water by other GoG member states

Nigeria seeks $1.4m to bring in security ship donated by South Korea to fight piracy amidst claims of continuous sabotage of Nigeria by member states in the Gulf of Guinea.

Nigerian Government hires firm sacked over corruption in Congo

The Nigerian government has approved the award of a major maritime project to a company immersed in high-level corruption in two other African countries, PREMIUM TIMES has learnt.

EU anti-piracy mission risks ejection from Somalia

The EU's flagship naval operation risks losing permission to pursue pirates in Somalia's waters due to local politics.

UN renews anti-piracy ships off Somalia for only 3 months

The U.N. Security Council voted unanimously Friday to allow international naval forces to continue using all necessary means to fight piracy off the coast of Somalia — but only for the next three..

TotalEnergies seek more stability to restart Mozambique LNG project

France's TotalEnergies says the security situation in Mozambique is "improving" as it weighs a restart of construction at its two-train Mozambique LNG project in the southeast African country.

Nigerian Navy signs contract for  two warships

The Nigerian Navy signs a contract with Turkish company, Messrs Dearsan Shipyard Limited for the purchase of 2 brand new offshore patrol vessels.

The Insanely Lucrative Pirate Stock Exchange In Somalia

The earliest instance of modern stock trading occurred in Amsterdam with the Dutch East India Company. In order to raise capital, it sold shares to the public and paid dividends based on the success..