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IMB: Sea piracy at 21-year low

Sea piracy has dropped to its lowest levels since the mid 1990s, according to the latest report from the International Maritime Bureau. However, in one spot things are rapidly moving in the wrong direction.

Photo: EUNAVFOR

A recent surge of kidnappings at sea off the coast of West Africa has sent ripples of fear throughout the industry, but carriers can take heart from the good news that sea piracy has dropped to its lowest point in over two decades. 

According to a new report from the International Chamber of Commerce's International Maritime Bureau (IMB), piracy and armed robberies at sea have fallen to their lowest levels since 1995.

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