Monday, April 11, 2011

Lucrative business of boarding ships in Indian Ocean

Lucrative business of boarding ships in Indian OceanAs the rule of law crumbled in Somalia, organized criminal gangs ramped up the lucrative business of boarding ships in the Gulf of Aden or the Indian Ocean — one of the world's busiest sea lanes — and holding them, their crews and cargos for ransoms. Pirates currently hold about 26 ships and close to 600 crew members.
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