Summary
There weren't any bounties of gold bullion and the criminals were doubtfully as smooth as Johnny Depp, but piracy on the high seas remains a bane for shippers across the globe in 2008, according to a report by the International Maritime Organization.
The maritime agency reports more than 50 pirate attacks so far this year, mostly off the loosely-guarded coasts of underdeveloped nations in Africa, southeast Asia and South America.See the full content of this document
Extract
Pirates Still Pose Threat to Shippers
It appears most of the pirated loot consists of commodities like food, electronics and cash, although some bandits are after oil and precious metals.
According to the IMO, the world's most...See the full content of this document
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