In 2008 there were 293 reported cases contributing to piracy at sea with Somalia and the Gulf of Aden region 111 reported incidents occur in seconds, and Nigeria with 40 reported incidents.
Note that this only reported incidents. In the highly competitive shipping market, many airlines prefer to cover losses from its own resources rather then report the incident, causing a marked increase in insurance premiums and risk of long delays due toStudy of government and bureaucracy.
The top 3 areas for piracy at sea are:
SOUTH-EAST ASIA
AFRICA
LATIN AMERICA
The four common denominator of this factor in all 3 zones are:
– A variety of islands and archipelagos chains make numerous hiding places (minus Africa)
– The widespread corruption of the government
– Fear lack of cooperation with the general population because of the criminal investigations of reprisals
– Large and healthy blackMarkets to facilitate ease and speed of selling stolen goods
The major players affected are the shippers (manufacturers) are for the sale of stolen goods, the carrier (the company that the sea has stolen ship), and the insurers of shippers and freight forwarders.
Encouraging acts of piracy at sea are of sufficient volume that sends the International Maritime Bureau (IMB), founded by the International Chamber of Commerce (ICC), daily reports of piracy through increasedSatellite to all shipping companies.
The international community begins to pursue containment of piracy at sea much more aggressively on many fronts between ICC / IMF-sponsored seminar on the hiring of private military companies (PMCs) of shipping companies.
Recent significant events in relation to the increasing threat of international trade is the Blackwater Worldwide (PMC), with its 830-tonne, 183 meter long ship of the "MacArthur" to the Somali government to combat supportPirates who plagued the east coast of Africa and also send two warships to China to patrol the same pirate infested waters.
Both events were obtained with a high mixed feelings by the international community.
The conclusion is that companies are finding that it is difficult enough to maintain a sustainable long term success in today's tight global economy do not believe that the possibility of the abduction of their goods should be allowed on the high seas will continue toThreat to their security.
We can expect that the coverage and much more to see increased activity in this as kidnappings and escalating tensions with the corridors of corporate and government powers.
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