A decline in Somali piracy has led industry associations BIMCO, ICS, INTERCARGO and INTERTANKO to reduce the geographic boundaries of the “High Risk Area” for piracy INTERCARGO and INTERTANKO will reduce High Risk Area boundaries to the Yemeni and Somali Territorial Seas and Exclusive Economic Zones in its eastern and southern reaches, said the report….
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Author: Capt. John