Piracy Mega Threat -

Piracy has been on the rise for decades, with a significant surge in recent years. According to the International Maritime Bureau (IMB), there were 121 reported incidents of piracy in 2020 alone, with 77 of those incidents occurring in the Gulf of Guinea. The same region accounted for 43% of all global piracy incidents in 2020. Other hotspots include the Indian Ocean, Southeast Asia, and the Caribbean.