Sea piracy has doubled in the last six years, costing the maritime industry more than $16 billion each year.
“The Duck of Minerva” blog calls for targeted efforts in pirate hot spots (also off the coasts Nigeria and in South Asia). The blog also suggests that Western countries recognize the semi-autonomous Somaliland as a legitimate political entity in order to enforce laws within the region.
Blogger “TFS Magnum” is skeptical of the U.N.’s ability to deal with piracy.
“The Maritime” blog examines possible solutions to piracy and the difficult choice companies face in deciding to pay employee ransom or refusing to pay in order to deter future attacks.
After two French hostages were rescued from Somali pirates, French President Nicolas Sarkozy called for an international effort to combat pirates.
RAND recently released a report stating that piracy and terrorism remain essentially separate issues, with the goals of each being financial and political, respectively.