SEA TRANSPORTATION: The Pirate Business Is Bad And Getting Worse

SEA TRANSPORTATION: The Pirate Business Is Bad And Getting Worse - Strategy Page

April 10, 2012: After two years of immense prosperity, the last year has been a disaster for the Somali pirates. For example, in the last eight months, only six ships have been captured, compared to 36 ships in the same eight month period a year ago. Pirate income is down 80 percent and expenses are up. Pirates have to spend more time at sea looking for a potential target, and when they find one, they either fail in their boarding efforts (because of armed guards, or better defense and more alert crews) or find anti-piracy patrol warships and armed helicopters showing up. Unlike in the past, the patrol now takes away the pirates weapons and equipment, sinks their mother ships and dumps the pirates back on a beach. The pirates claim that some members of the anti-piracy patrol simply kill pirates they encounter on the high seas (some nations have admitted doing this, at leas...

Full article: http://www.strategypage.com/htmw/htseamo/articles/2012041...

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@AnitaEvans » 11 Apr '12, 1am
Private income down - Sea Transportation: The Pirate Business Is Bad And Getting Worse [link] via @Strategypage
@TriskelionMGI » 10 Apr '12, 4pm
RT @MSBGroup: The Pirate Business Is Bad And Getting Worse [link]
@Piracy_OBP » 10 Apr '12, 4pm
With pirate income down 80% & risk up, pirate business model no longer so lucrative? [link]
@latlongpacific » 10 Apr '12, 2pm
RT @Kostian_V: Sea Transportation: The Pirate Business Is Bad And Getting Worse [link]
@SecureWaters » 10 Apr '12, 2pm
Even though March was a record month, piracy is still down and costing pirates more money.... [link]
@Dumas254 » 10 Apr '12, 1pm
RT @piracy_update: SEA TRANSPORTATION: The Pirate Business Is Bad And Getting Worse - Strategy Page [link]
@wagio2010 » 10 Apr '12, 1pm
RT @eastafricanbsns: SEA TRANSPORTATION: The Pirate Business Is Bad And Getting Worse - Strategy Page [link]
@jekela » 10 Apr '12, 12pm
SEA TRANSPORTATION: The Pirate Business Is Bad And Getting Worse: April 10, 2012: After two years of immense pro... [link]
@BritanniaMS » 10 Apr '12, 11am
#somalipiracy cost to shipping is only $10 Bill compared to $500 Bill cost of patrolling the GoA [link]
@secwatchigss » 10 Apr '12, 11am
SEA TRANSPORTATION: The Pirate Business Is Bad And Getting Worse: The anti-piracy patrol also has maritime recon... [link]
@EvaMoya_co » 10 Apr '12, 10am
RT @ferigom69: The Pirate Business Is Bad And Getting Worse [link] vía @Strategypage #somalia #piracy #esINT
@ferigom69 » 10 Apr '12, 10am
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@PirateInfo » 10 Apr '12, 10am
SEA TRANSPORTATION: The Pirate Business Is Bad And Getting Worse - Strategy Page [link]
@chasfoxcroft » 10 Apr '12, 10am
RT @OCEANUSLive: Sea Transportation: The Pirate Business Is Bad And Getting Worse. Restraint in Doing Anything Bold [link] via @Strategypage
@PGComms » 10 Apr '12, 9am
..The #Pirate Business Is Bad And Getting Worse - [link] via @Strategypage #somalia #piracy
@hdevreij » 10 Apr '12, 9am
RT @Strategypage: #SEA TRANSPORTATION: The Pirate Business Is Bad And Getting Worse [link]
@OCEANUSLive » 10 Apr '12, 9am
Sea Transportation: The Pirate Business Is Bad And Getting Worse. Restraint in Doing Anything Bold [link] via @Strategypage
@Strategypage » 10 Apr '12, 9am
#SEA TRANSPORTATION: The Pirate Business Is Bad And Getting Worse [link]
» 11 Apr '12, 5pm
Sea Transportation: The Pirate Business Is Bad And Getting Worse [link] via @Strategypage
@Lanista888 » 10 Apr '12, 6pm
RT @piracy_update: SEA TRANSPORTATION: The Pirate Business Is Bad And Getting Worse - Strategy Page [link]
@behessel » 10 Apr '12, 3pm
RT @Strategypage: #SEA TRANSPORTATION: The Pirate Business Is Bad And Getting Worse [link]
@Kostian_V » 10 Apr '12, 2pm
Sea Transportation: The Pirate Business Is Bad And Getting Worse [link]
@mirandabencomo » 10 Apr '12, 12pm
The Pirate Business Is Bad And Getting Worse - [link]
@eastafricanbsns » 10 Apr '12, 12pm
SEA TRANSPORTATION: The Pirate Business Is Bad And Getting Worse - Strategy Page [link]
@cgberube » 10 Apr '12, 11am
RT @OCEANUSLive: Sea Transportation: The Pirate Business Is Bad And Getting Worse. Restraint in Doing Anything Bold [link] via @Strategypage
@MSBGroup » 10 Apr '12, 10am
The Pirate Business Is Bad And Getting Worse [link]
@truckingtammy » 10 Apr '12, 10am
SEA TRANSPORTATION: The Pirate Business Is Bad And Getting Worse [link]
@davidedebernard » 10 Apr '12, 10am
RT @OCEANUSLive: Sea Transportation: The Pirate Business Is Bad And Getting Worse. Restraint in Doing Anything Bold [link] via @Strategypage
@KennethManusama » 10 Apr '12, 10am
RT @Strategypage: #SEA TRANSPORTATION: The Pirate Business Is Bad And Getting Worse [link]
@piracy_update » 10 Apr '12, 10am
SEA TRANSPORTATION: The Pirate Business Is Bad And Getting Worse - Strategy Page [link]