Even though piracy and attacks on ships in global commercial shipping are decreasing, currently down at an eight-year low, this development does not at all mean that this particularly form of crime is approaching extinction.
Numerous attacks on smaller tankers off coasts in Southeast Asia made the combined scope of pirate attacks in international waters increase in 2014, where a total of 21 ships were de-facto hijacked and 245 incidents reported - a 44 percent decline since Somali pirate attacks peaked in 2011, according to the annual piracy survey by IMB Piracy Reporting Centre, published on Wednesday.
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