Published on February 23, 2012 by Mark Lowe · No Comments
One reason for the decline in successful attacks has been the increased use by shipping of armed guards and other security measures. But as successful attacks decline, ransom prices have risen: the average pay climbed to $5m in 2011 from $4m in 2010, according to the US-based Oceans Beyond Piracy monitoring group.
Somalia pirates: Unbeaten but under pressure
Nairobi – Foreign navies and armed guards on boats have badly
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