The parlous recovery of Captain Richard Phillips is only single episode in a global revival of sea buccaneering started about ten years before.
When majority of Americans looked upon sea piracy before first week of April, Johny Depp sprang to mind, no Somalia. But the hijacking and safe recovery of Captain Richard Phillips is just the one most high-profile part in a global revival of sea piracy started about ten years ago.
At its heart: the rapid development of worldwide economy in the past twenty years, which crowded our seas with cargo ships, dry-bulk carriers and super-tankers amply loaded with each good you can think of. The world presently ravishes about 80 percent of all international freight by oceans. More than ten million cargo containers, in all, are traveling across the world’s seas every time.
The World’s Most Dangerous Waters
The heavy sea traffic (including cargos) had engendered a surge in sea piracy as well as a fresh breed of pirates, the most crashing, man has seen. More than twenty four hundred incidents of piracy were told to be happened around the world from 2000 to 2006; it is almost double than the figure reached in the preceding 6 year period. In spite of the fact that these pirate attacks at least increased three times within that time period, the factual number of attacks is still not clear. Shipping firms often don’t tell about piracy attacks out of concern because it could increase insurance premiums.
And about all groups of government monitoring such sea piracy thinks that this estimated figure is seriously undercounted. The Australian authorities guess that the factual number of piracy attacks is 2,000 percent higher. Piracy is calculated to cost between 13 billion to 16 billion US dollars each year. This could cost considerably more in future.
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