Skip to main content

Combating the Pirate Threat: A Rising Risk on the High Seas

Combating the Pirate Threat: A Rising Risk on the High Seas
Monday, February 7, 2011

Last year, 430 ships were attacked by pirates throughout the globe. The bulk of these occurred in the Gulf of Aden, the strategically and commercially vital waterway off the coast of Somalia that links the Red Sea to the Arabian Sea and the Indian Ocean. It is used by more than 30,000 ships annually.

Risk Management Magazine and Risk Management Monitor. Copyright 2024 Risk and Insurance Management Society, Inc. All rights reserved.