“The French navy has captured 35 piracy suspects off Somalia’s coast – hailing it as the most successful mission since EU operations began in 2008. French officials said four mother ships and six smaller boats had been seized in four operations since last Friday. EU forces used helicopters and fired warning shots to capture the [...]
March 8th, 2010 | Posted in Global Risk News | Read More »
Reuters is running a fascinating article on venture capital-style investment networks being run by Somali pirates. This implications of this are fairly significant for a number of reasons: It provides additional funding for piracy operations which can lead to more capable pirate fleets and sustained operations It engages support and reward for piracy operations at [...]
December 2nd, 2009 | Posted in Global Risk News | Read More »