Yemen counts piracy losses
The Source: www.sabanews.net - 15/07/2009
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Yemen's losses due to soaring piracy have been estimated at $ 350 million, including $ 200 million suffered by fishermen and $ 150 million suffered by the government An official document noted that maritime piracy off Somalia caused a stop to hunting in some areas in the pirate-plagued Gulf of Aden, brining the losses of Yemeni fishermen. Other losses are related to insurance on ships against piracy including Yemeni vessels. Yemen has been assuming the responsibility for securing the waterways in the region, bearing, despite its fragile economy, funds to enhance the readiness of its marine forces through establishing security centers along its coast and buying boats at more than $ 150 million. Piracy off Somalia's coast continued to soar this year, with pirates stepping up their attacks to reach 126 incidents including 29 vessels which were already hijacked with 472 crew members onboard taken as hostages. While, 40 suspected pirates were sized, some of whom have already been on trial. Pirate attacks increased last year reaching 111 incidents including hijackings with 815 crew members seized along with the vessels. Yemen has adopted the idea to establish a Sana'a-based regional anti-piracy center, a topic which was discussed at a regional conference on security of the Gulf of Aden and the IORARC meeting. The idea gained support from regional countries and countries which took
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