Piracy off the Horn of Africa increases every year due to constant instability in the region. In 2008, 111 vessels were attacked. Since the beginning of 2011, there have already been 188 attacks. Every year worldwide piracy costs the shipping industry billions of dollars in rerouting, ransoms, and many other related expenses. These costs are then passed on to the consumer.
To curb piracy, the international community is working with regional partners to stabilize the region. Somalia’s
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