9 February 2012, 6:45 pm
DUBAI — The steep cost of maritime piracy is adding to the woes of the world economy weighed down by the Eurozone crisis, according to a new report.... Read More »
9 February 2012, 2:41 am
[iMaverick] This is more like it, South Africa. A cooperation deal signed with Tanzania and Mozambique to pre-emptively fight the pirate threat that hasn't even materialised yet is exactly what we should be doing with our political and military strength. Let's have more of this, and less of ... Read More »
8 February 2012, 7:06 pm
Somali piracy in the Indian Ocean costs the global economy about $7 billion (R53bn) a year, a study showed yesterday, with ships forced to travel faster over longer routes and increasingly hire armed security guards.... Read More »
8 February 2012, 1:42 pm
Though many first think of Johnny Depp when pirating come up, avoiding the real-life bandits of the sea is are multi-billion dollar problem for the shipping industry.... Read More »
8 February 2012, 9:57 am
Somali piracy cost the world economy $7 billion dollars last year. Tristan McConnell NAIROBI, Kenya — Seven billion dollars is a huge sum of money and according to the research and advocacy organization One Earth Future that is what Somali piracy cost the world economy last year. On the plus side... Read More »
8 February 2012, 3:27 am
[AIM] Maputo - The Mozambican, South African and Tanzanian governments have established a platform to coordinate their efforts to fight against piracy and other illicit activities on the high seas.... Read More »
8 February 2012, 3:08 am
LONDON (Reuters) - Somali piracy in the Indian Ocean costs the global economy some $7 billion a year, a study said on Wednesday, with ships forced to travel faster over longer routes and increasingly hire armed security guards. "The question for the shipping industry is how long this is sustainable,... Read More »
8 February 2012, 2:10 am
Somali pirates cost the shipping industry and governments as much as $6.9 billion last year as average ransom payments advanced 25 percent, according to One Earth Future Foundation.... Read More »
8 February 2012, 12:32 am
Nov. 3 (Bloomberg) -- Shipping companies are turning to new technology as a way to fend-off pirates and cut costs. In 2010, piracy cost the international economy as much as $12 billion.... Read More »
8 February 2012, 12:22 am
Somali pirates cost the shipping industry and governments as much as $6.9 billion last year as average ransom payments advanced 25 percent, according to One Earth Future Foundation.... Read More »
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