Tag: cost of piracy
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Counting The Cost
A new report, compiled by US-based think-tank One Earth Future, has calculated that “maritime piracy is costing the international economy between $7 to $12 billion, per year.” The report notes […]
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True cost of maritime piracy is still uncertain
Despite attacks by Somali pirates on international shipping in the Gulf of Aden making headlines across the world, the true cost of these attacks to the maritime insurance industry are […]
