Reaction: Shippers face higher insurance as pirates run amok. This is a COSTLY PROBLEM, that is your take-away. Very, very costly. "Something Must Be Done"
Shipping companies already smarting from the global downturn are forced to pony up extra cash for steeper premiums to cover multimillion-dollar ransoms or take the long way around the African continent in the hope of dodging hijackers.
"The pirates were the only people who had a good year in 2008," said Crispian Cuss, a security consultant with the Dubai-based Olive Group. [I beg to differ!!!!]
The Gulf of Aden, which connects the Indian Ocean to the Red Sea and the Suez Canal, is one of the busiest and most dangerous waterways in the world.
As pirates become more aggressive, the cost of insuring ships climbs.
Some companies are spending more time training their crews, others are avoiding the area altogether - taking long trips around Africa's southern tip that can potentially add millions to the cost of each journey.
Read more @ The Jamaica Gleaner
(CNN) -- Both the United States and France pulled off-high profile rescues in the waters off the Horn of Africa in the past week, killing a total of five pirates to free hostages who had been holed up for days.
While those operations gained international attention, there have been dozens of attacks so far this year. Experts say it will take an international effort to combat the rising number of attacks.
"In our view, what France and the U.S. has done is exactly the right thing for a flag state to do, and if all flag states were to take that kind of robust action against the pirates we would not have the problems of Somali piracy to the extent that we have today," said Capt. Pottengal Mukundan, director of the piracy reporting center at the International Maritime Bureau.
Now peek behind the curtain:
CIA Mercs disguised as Somali pirates attack another US ship, Liberty
That headline might be a work of fiction, but most likely it's the truth. This latest Pentagon "false-flag" will give that war mongering outfit the excuse it's been looking for to fight another war for Israel against another of Israel's "existential" enemies, Somalia.
Notice the name of the ship attacked? The LIBERTY Sun?
Yes, those dastardly pirates are attacking liberty and by gawd, us red-blooded Americans should be rallying around the flag of US Imperialism and get behind this latest war in what's known as the ISRAELI Front.
This bogus incident will also let OBOMBA show the world he's packing a huge pair by letting him engage in a time honored tradition of new American presidents; blowing to hell some 3rd world hovels.
Don't be surprised if some Special Forces in Somalia find some incriminating documents that show the Somali pirates were getting money, intelligence and weapons from Iran.
Just like they just happened to "find" a Bin Laden confession video in Afghanistan.
Lucky for the crew, NO ONE was injured and the ship "sustained" unspecified damage.
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