Shipping companies want piracy readiness scaled back

The shipping companies' faith in the positive developments at the Horn of Africa is growing so much that they are now starting to prepare for a time with a lower threat of piracy, says Risk Intelligence to ShippingWatch.

Photo: IMO

Though the threat is still there, and the Danish Shipowners' Association still warns against slackening the effort, shipping companies have started preparing for a time with a lower threat of piracy off the coast of Somalia.

Risk Intelligence's customers are expressing an increased demand for solutions on how to adapt their readiness to the declining - and now very low - number of pirate attacks off the Horn of Africa. And they would also like to be able to scale it up again, if need be.

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