What Can Shippers Do Against Pirate Attacks At Sea?

The shipping industry cannot rely on the navies and traditional law enforcement to protect them…

Pirate Ransom Negotiations: Resolving the Paradoxes of Extortionate Transactions with Somali Pirates

Somali pirates take a very business-like approach to their craft. They attack big ships that…

Audacious Open-ocean Ambush of Product Tanker in Gulf of Guinea

A recent piracy attack represents a step change in tactics that could, if repeated, be…

Enforcing the Law: An Economic Approach to Maritime Piracy and its Control

Modern day maritime piracy is a world-wide phenomenon that poses a serious threat to international…

Are We Sleepwalking Back to Piracy?

A shift in US foreign policy based both on changes to the threat landscape and…