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International Law
: Transnational Law BlogYo Ho Ho and a Bottle of Rum
By John Dermody, Travis Hodgkins, and Nema Milaninia
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An article at IntLawGrrls entitled, The Jolly Roger Still Flies, reminds us that piracy is still a very lucrative business-- I don't mean piracy in the intellectual property sense of the word-- I mean REAL pirates! Here is a piece of the article: ...[T]oday?s pirates seem to have gone largely unmentioned in the mainstream press, despite their having taken some 3200 sailors hostage over the last 10 years, which they?ve ransomed for millions of dollars (paid by the shipowners). In fact, total worldwide losses due to commercial vessel piracy are estimated at USD 13-16 billion per year. Just a little...Full post as published by Transnational Law Blog on April 13, 2008 (boomark / email).
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