Cashing in on piracy

Name: Cashing in on piracy
Uploaded: 2009-07-28T06:11:05+00:00
Duration: 2 min 49 s
Channel: RT
Description: Since early 2009, pirates have carried out over 100 attacks off the Somalian coast. Two thirds have resulted in the hijacking of vessels. While the region’s waters remain menacing, insurance companies are cashing in.

RT

Since early 2009, pirates have carried out over 100 attacks off the Somalian coast. Two thirds have resulted in the hijacking of vessels. While the region’s waters remain menacing, insurance companies are cashing in.

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