According to a Dec. 30 report from Business Daily, the economic impact of piracy in the Gulf of Aden continue to hit East African region for the second year running, pushing up the cost of living significantly and robbing the region’s commodities’ competitiveness in the global markets. Business Daily reported that a section of shipping lines are contemplating more stringent deterrent measures to protect their vessels and crew against piracy.
Green Marine
about 17 years ago
Ships May Give Piracy-Prone Routes Wide Berth
According to a Dec. 30 report from Business Daily, the economic impact of piracy in the Gulf of Aden continue to hit East African region for the second year running, pushing up the cost of living significantly and robbing the region’s commodities’ competitiveness in the global markets. Business Dail
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