MSC box ship under attack by armed gang in the Gulf of Guinea
As The Loadstar went to press there were reports that an MSC containership was under ...
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By Alex Lennane
The Atlantic has published a great infographic on piracy. Noting that the amount spent on private security last year exceeded the amount paid in ransom money since 2005, it also reveals that in 2010, ransom money accounted for 3.4% of Somalia’s GDP. (Apple accounted for 0.5% of US GDP) Thought-provoking facts – including ones on pirate pay, bonuses and fines, presented in an interesting way.
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