The International Economy, September 1st, 2000
Attacks against commercial ships have tripled. It's time to stop this growing barrier to maritime trade. Piracy is back. And as in the days of Blackbeard, the piracy onslaught hinders international trade. Acts of maritime piracy range from the classic boarding and hijacking a merchant vessel on the high seas to stealing from a ship while it is anchored in port. Reported attacks against commercial ships have tripled over the past decade, increasing last year alone by 40 percent. Nearly two-thirds of the attacks in 1999 occurred in the pirate-infested waters of Asia. With 90 percent of the worl...
HighBeam Research, Free Preview: 'Piracy Alert.'... Full Membership required for unlimited access. Free 7-day trial.
Subscribers: HighBeam content is only available to HighBeam subscribers. Click the link above for more information.
