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Maritime Piracy Drops Dramatically

Piracy off the coast of Somalia dramatically dropped in the last two years, according to the International Chamber of Commerce (ICC) International Maritime Bureau (IMB). Overall, the IMB says worldwide piracy has reached its lowest level in six years with 264 incidents worldwide in 2013. That marks a 40 percent drop from 2011 since Somali piracy reached its zenith. “The single biggest reason for the drop in worldwide piracy is the decrease in Somali piracy off the coast of East...

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