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Somali piracy off Yemeni shores is a new addition to Yemen's economic troubles.
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Senior shipping executives also worry that Somali piracy is still on the rise.
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Diplomats say the lawlessness on land is a major cause of Somali piracy.
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The shipping industry has certainly not yet factored in an end to Somali piracy.
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There's no shortage of ideas on how technology can solve the Somali piracy problem.
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Exactly what is behind the fall in Somali piracy is a matter of debate.
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Last year was the worst on record for Somali piracy with 42 boats taken.
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In fact, in Somali piracy is strictly a commercial venture, compared to Shabab's ideological motivation.
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Last year, though, was the worst on record for Somali piracy with 42 boats taken.
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The region has already seen disruptions in recent years due to Somali piracy and attacks by militants.
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Reporting on Somali piracy can be surreal.
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U.S. Senate Foreign Relations Committee Chairman John Kerry said a thorough policy debate on Somali piracy was long overdue.
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Buyers now range from resource to media firms, aid groups and, increasingly, shipping companies wanting protection against growing Somali piracy.
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We left the ship after we took the money, pirate Hassan told Reuters by telephone from the Somali piracy haven.
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Among those who responded to the online survey, Somali piracy thriller "Captain Phillips" was the most-watched film, at 15 percent.
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In contrast, the World Bank in April estimated Somali piracy may still cost the world economy about $18 billion a year.
