Shipping companies already smarting from the global downturn are forced to pony up extra cash for steeper premiums to cover multimillion-dollar ransoms or take the long way around the African continent in the hope of dodging hijackers. |
Shippers Face Higher Insurance as Pirates Run AmokQuicklink Submitted By Margaret Bassett No comments
|
|
Shipping companies already smarting from the global downturn are forced to pony up extra cash for steeper premiums to cover multimillion-dollar ransoms or take the long way around the African continent in the hope of dodging hijackers. |
Rate It | View Ratings |
OpEdNews depends upon can't survive without your help.
If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.
To View Comments or Join the Conversation: