Middle East Economic Survey
Somali Piracy Surge Boosts Global Hijacking Figures For 2010
Successful ship hijackings worldwide hit a five-year high in the first nine months of 2010, with Somali pirates largely to blame, a new report from the International Chamber of Commerces (ICC) International Maritime Bureau (IMB) has found. Thirty-nine hijackings occurred during January-September, up from 34 over the same period last year. The vast majority, 35,...