Report: Costs related to Somali piracy cut in half

The declining number of pirate attacks off the coast of Somalia has reduced costs related to anti-piracy efforts by 50 percent, down to USD 3.2 billion, according to a new study. West Africa is still highly problematic.
BY KATRINE GRØNVALD RAUN

The costs related to fighting piracy off the coast of Somalia have been drastically reduced this past year.

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