May 2013 Jessica Buchanan, an American aid worker taken hostage by pirates in Somalia in 2011, as spoken publically for the first time about her incident. Buchanan, held for 93 days in 2011, was eventually rescued in a Navy SEAL raid. The 32 year old American was stationed in the north of the country, which […]
To Fix Piracy, Steps Must Be Taken On Land As Well As Sea
April 2013 While an international coalition of nations has banded together to combat the problem of piracy in East Africa, it appears that the overall cost of this scourge has been underestimated. While it is well documented that ransoms alone account for about $53 million USD a year in losses, the total number goes far […]
Anti-Piracy Ban Hits Shipbuilders
Piracy is an international problem that has some very far-reaching effects. Aside from the loss of human life and economic impact directly affecting the shipping industry, Indian ship builders are now hurting due to this criminal activity as well. The port of Mandvi in India sits on the banks of the Rukmavati river, which flows into the Arabian Sea. Historically, […]
Mogadishu Port: Trade Returns
May 2013 Torn apart by war for decades, Somalia’s largest city, Mogadishu, was deemed the most dangerous place on earth by many media outlets. Finally, as the country begins to stabilize and attempt to put its past behind it, the first ships seen in years are once again docking at the nation’s capital. Many within […]
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