War is Boring: Shippers Mull Private Security against Somali Pirates

Just four months after the world’s navies all but declared victory in their war on Somali pirates, hijackings have spiked. In the span of just one week in early January, sea bandits seized four large commercial vessels off the Somali coast. Captured vessels can be ransomed for several million dollars apiece. Piracy’s dramatic resurgence has accelerated a profound change of heart among the shipping companies whose vessels ply East African waters. No longer content to entrust their safety to naval forces, shippers are mulling the wide adoption of seaborne private soldiers — in a word, mercenaries, either sailing aboard targeted […]

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