Jan 3, 2011

Fear over sea robbery



The International Maritime Bureau has said that there is good reason to believe that sea robbery will be more successful in 2011. The bureau added that the ship owners will feel increasing pressure from insurers,
counterparties, unions, navies and governments to take far more responsibility for protecting their ships this year.
It noted: “The reality is that Somali piracy, in particular, has been more successful in 2010 than ever before.”
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Source: Compass Newspaper

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