Failure to Launch

Lloyd’s List has been trumpeting the failure of the “piracy perfect storm” to yet materialise.

Compared to this time last year, they say, attacks and hijackings are down significantly, despite the end of the monsoon season.

However, most experts warn that as long as the piracy business model still works – and it does, then the pirates are likely to re-emerge at some point.

http://goo.gl/ubgy9

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