According to a report released by Interpol, the United Nations and the World Bank, the average ransom payment received by pirates in Somalia between 2005 and 2012 was $2.7 Million. The total haul in ransom payments made to the pirates during that time period was estimated to be between $339 Million and $413 Million. The… Continue reading Average Ransom Payment and Total Earnings for Somali Pirates
According to the International Maritime Bureau, there were 48 pirate attacks in Indonesia in the first six months of 2013. Nigeria had 22 pirate attacks, up from the 6 attacks in all of 2011. Pirates reportedly attacked 4 ships off the coast of Somalia, compared to the 125 attacks in 2011. In 2012, sea piracy… Continue reading Pirate Attacks in First Half of 2013
According to statistics collected by the International Maritime Bureau (IMB), there were 33 pirate attacks in the Gulf of Guinea off the coast of Nigeria in 2010. In 2012, the number of attacks increased to 58. Shipping security analysts state that the number of pirate attacks are under-reported. According to security consultants, at least one… Continue reading Sea Pirate Attacks in the Gulf of Guinea
In the first three months of 2013, there were 66 reported attacks by sea pirates around the world. The number of attacks in the first quarter of 2013 was down 35 percent from the 102 attacks during the first quarter of 2012. Between January to March 2013, there were 5 attacks in Somalia, down from… Continue reading Number of Sea Piracy Attacks in First Quarter of 2013
There were a total of 297 pirate attacks that took place around the world in 2012, according to statistics collected by the International Maritime Bureau. 28 ship vessels were hijacked and 585 crew members were taken hostage and held for ransom during the year. 6 people were killed during the year. Sea piracy off the… Continue reading Worldwide Pirate Attacks in 2012
According to figures collected by the International Maritime Bureau, there were 72 recorded pirate attacks around the Horn of Africa in 2012. In 2011, there were 236 recorded pirate attacks. Source: “Piracy: Privateers,” Economist, January 12, 2013.
The cost of piracy in Somalia was estimated to be between $6.6 Billion to $6.9 Billion in 2011. The cost of piracy was over 110 percent of Somalia’s GDP in 2011.
Pirates in Somalia earned around $170 Million in ransom payments in 2011, according to the United Nations Office on Drugs and Crime. In 2010, the pirates made $110 Million. The UNODC reported that 1,116 Somali men face criminal trials in 20 countries for piracy.
In 2011, the average ransom paid out to pirates holding hostages off the coast of Somalia increased 25 percent to $5 Million. Pirate activities cost shipping companies and governments up to $6.9 Billion in costs in 2011, according to a report by One Earth Future Foundation.
There were 439 reported attacks of piracy at sea in 2011, down from the 445 cases reported in 2010. A total of 802 crew members were held hostage and 45 vessels were hijacked in 2011. The figures from 2011 were lower than the 1,181 hostages and 53 vessels hijacked in 2010. Pirates from Somali accounted for 237 attacks, or 54 percent of all pirate attacks in 2011.