A string of fresh piracy attacks off the coast of Somalia spells uncertainty for commodity dealers and consumers in East Africa.
The shock hijacking of a commercial oil tanker, the MT Aris 13, in March ended a five-year lull in piracy on the key Indian Ocean route around the Gulf of Aden. In early April, it is suspected Somali pirates seized an Indian dhow, Al–Kausar, on its way to the port of Bosaso in northern Somalia’s semi-autonomous Puntland region, while another bulk carrier, OS 35, was hijacked a few days later. It has sparked fears of a return of the menace the caused global concern at its peak between 2011 and 2013.
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