Sheikh Sharif Sheikh Ahmed, president of the Transitional Federal Government of Somalia, said Wednesday that his country needed more financial and military support from abroad to fight terrorism and piracy. Speaking at the opening of the two-day Marine Counter Piracy Conference, which runs in its 2nd edition in the Gulf Arab Emirate (UAE) of
Read moreAG (ETR:HMU) said Monday it had sold its port operations in Indonesia for an undisclosed sum. Confidentiality has been agreed on the details of the sale contract, the company said. The sale of the port business and the respective services contract in Indonesia marked the completion of the company’s business repositioning. Now, HMS Bergbau
Read moreSomali President Hassan Sheikh Mohamud has granted an amnesty to hundreds of young Somali pirates to reduce the threat to shipping in the seas off the Horn of Africa state, a senior regional official said. The amnesty will not apply to bosses running the gangs responsible for hijackings that have ramped up shipping costs
Read moreSomali pirates who were found guilty of hijacking the French vessel Le Ponant in 2008 have been sentenced to a total of 24 years imprisonment by a Paris court. Of the six Somali pirates, who were captured by French forces in a daring raid on land, with a 4×4 vehicle, arms and a part
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