Shell, BP, Maersk and the Japanese shipping industry today announced a joint initiative aimed at supporting community and job creation projects in the coastal regions of Somalia. This initiative is designed to make a contribution to the rebuilding of a stable and prosperous Somalia and, in so doing, reduce the risk of piracy to seafarers transiting the Indian Ocean. Each company will contribute around US$500,000 over a period of two years.
Grahaeme Henderson, Head of Shell Shipping, said
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