• Somali piracy is resurging, with three ships hijacked off Somalia and Yemen in the past three weeks: Honour 25, Eureka, and Sward.
  • Organized crime groups in Somalia are exploiting the Iran war and reduced international naval patrols.
  • Pirates use large traditional dhows as mother ships to launch attacks on commercial vessels.
  • Experts warn that a major resurgence in piracy could further increase insurance costs and disrupt global trade.
  • Shipping diversions around Africa due to Red Sea threats increase exposure to Somali pirates.

Sources & Links