Piracy and pilfering at sea


From Southeast Asia and the Indian Ocean to Latin America and the Caribbean, the developing world is paying a price for maritime piracy and pilfering. Southeast Asia was home to two-fifths of the world’s pirate attacks between 1995 and 2013, while the waters off Africa remain a watery version of the Wild West.

To put things into perspective, Somali pirates cost East Africa more than US$24 billion between 2010 and 2017, the Horn of Africa remains a pirate hotspot, and West Africa’s Gulf of Guinea has witnessed an explosion in hostage-takings and kidnappings.

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Source: asiatimes.com

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