Peter Chalk

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The killing of four Americans who were taken hostage aboard the yacht Quest off the coast of Oman serves as an ominous warning that pirate activity will increase in 2011 despite large-scale naval deployments in the Gulf of Aden.

The incident also underscores the limits of raw power. Those aboard the Quest, although surrounded by warships and tracked by a helicopter, still met a tragic end.

Indeed, intercepting a hijacked vessel is an anomaly. In most cases pirates can act with impunity because of the enormous area that naval patrols need to cover. Only rarely will the authorities be in the vicinity of a ship or yacht under attack.…  Seguir leyendo »

Every 12 hours last year young men boarded motorized skiffs and hijacked vessels on the waterway used by 24,000 ships around the Horn of Africa. Pirate gangs have accrued $150 million in ransom to date, about $4 million per ship. Their take is likely to swell before year’s end. Somali gangs now hold 18 vessels and 379 crew members for ransom.

How do scruffy vagabonds as young as 16 overpower freighters and defy patrolling warships? And how, even when captured, do these modern pirates get away with their crimes?

The answers rest on surprising truths about scrapped laws and strapped shipping lines that tack piracy costs onto freight charges and pass it all on to consumers.…  Seguir leyendo »