THE HAGUE, Netherlands -- The Joint Shipping Initiative -- made up of Shell, BP, Maersk, Stena and Japanese shipping companies NYK, MOL and “K” Line -- has given $1.5 million of additional funds to a United Nations Development Program (UNDP) project to improve the lives of Somalis and security for seafarers. The UNDP’s “Alternative Livelihoods to Piracy in Puntland and Central Regions of Somalia” project aims to reduce piracy off the coast of east Africa through local economic development, job creation, training, and business development grants onshore in one of the world’s poorest countries.
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