Somali pirates may have reached their limit, at least for now. Security agencies have suggested that Somali pirates are willing to negotiate lower ransoms to release ships they have seized — because they are running out of room.

Somali pirates have made large swathes of the Indian Ocean a no-go area, but lately they’ve become victims of their own success. Security agencies report that pirate groups are more willing to negotiate the release of captured vessels lately — in large part, experts believe, because their ports at Haradheere, Eyl and Hobyo are choked up with ships. . .