With the recent increase in piracy in the waters of the Indian Ocean, innocent fishermen are at risk of becoming collateral damage when armed-guards aboard shipping vessels mistake them for pirates. One case of note is the killing of Mohammed Ali Quanas, a Yemeni fisherman who was killed in August of 2011. He was shot […]
Violence Escalates
September 2012 The One Earth Future Foundation, the umbrella organization behind Oceans Beyond Piracy, an international piracy watchdog, has released some shocking statistics on piracy. According to a recent report, 1 out of every 10 hostages involved in piracy incidents experienced extreme torture, including starvation, physical abuse and even simulated drowning. Overall, of the 1,200 […]
Business Booms
September 2012 As the threat of piracy in international water peaking in 2011, incidents have recently fallen off. International naval task forces have had a lot to do with it, but so have private security firms that shipping companies have been hiring to personally secure their ships. International shippers spend nearly $1 billion USD securing […]
Pirate Demands
The thriving black-market industry of piracy cost the world economy an estimated $7 billion in 2011, and pirates themselves netted about $160 million in ransoms alone, according to a recent report from the International Maritime Bureau. Although international cooperation and the education of shipping companies is finally resulting in a reduction of overall pirate attacks, the […]
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