Monday, March 8, 2010

Piracy costs shipping firms over $100m annually, says report | SeafarerBlog.com

Piracy costs shipping firms over $100m annually, says report | SeafarerBlog.com:
The report from the World Peace Foundation noted that piracy was now “big business” with an estimated 1,500 buccaneers off the coast of Somalia involved in seven syndicates.

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