Southeast Asian Pirates: Nothing to Shiver your Timbers Over
Elementum
JUNE 29, 2015
With one third of the world’s freight traveling through these waters, the region would naturally be a hotspot for pirate activity. There is chance of a rise in insurer premiums for ships that travel that area, which could lead to increased shipping costs. Hijacked ships can face weeks of delays and cost millions of dollars.
Let's personalize your content