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
Three economists have come up with a practical win-win solution to Somali piracy. While it costs the shipping industry some $1.5bn a year, the pirates only raise $120m in revenues. The paper compares the pirates to government tax collectors, and suggests that by putting the ...
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