WHAT??? Piracy Is Costing $12 Billion!

As if you non-seafaring people out there needed convincing, the latest figures via The Times has piracy costing the global economy $12 billion a year. In the same week that Dutch marines kill two Somalia pirates, a London law firm which specialises in the field, was quoted as saying “matters are deteriorating at every level”.

Whilst our sailing friends are well aware of the dangers of piracy, it’s not until one reads the numbers that the problem of piracy is put into perspective for the rest of us. It is truly a global concern that affects everyone. In a future post we’ll be putting together a couple of ideas on how you can help support anti-piracy causes. Meanwhile, read about the latest figures here. We’d like to hear your views on the subject too.

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