Ransom pay to pirates rises 100%

There has been a hundred per cent increase in the ransom paid to pirates following hijackings in 2010, a senior industry official has said.
Experts from the maritime and shipping industry who had gathered in Dubai for the Piracy Seminar on Tuesday were of the opinion that the combined naval forces had failed to control or restrain the pirates during the past 12 months.
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Source: Emirates 247