The Perils of Modern Piracy
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The Perils of Modern Piracy

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A Saudi freighter the size of an aircraft carrier is being held by a small band of Somali pirates. With a load of two million barrels of crude oil and a crew of twenty-five, it's a valuable hostage for the pirates and a potential environmental disaster if negotiations fail and an oil spill occurs. Guest host Sara Terry explores what’s happened to millions of dollars in ransom paid for the release of other vessels, who the pirates are and why they aren’t being caught by naval forces.


Banner image: The Liberian-flagged oil tanker MV Sirius Star at anchor off the coast of Somalia November 19. Photo: William S. Stevens/US Navy via Getty Images

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Main Topic

Surge in Piracy off Somalia ()

Somali pirates want $15 million in ransom money for the Sirius Star, a Saudi tanker carrying $100 million worth of crude oil that they took earlier this month. This morning, there’s news that a Yemeni cargo freighter has been captured. That brings the total of ships now being held by pirates to seventeen. There've been more than 200 incidents this year, with a doubling of attacks off the Somali coast. That’s bad news for a world in which eighty percent of international goods travel by sea. Why has the coast of east Africa became such a dangerous place for shipping? What has caused the resurgence in piracy on the world's oceans? Who are the pirates targeting? Why can't they be stopped? How is the international community responding to the problem?

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Which Way L.A.? is made possible in part by the Ralph M. Parsons Foundation, the Nathan Cummings Foundation, and the John Randolph Haynes and Dora Haynes Foundation, which supports study and research into policy issues of the Los Angeles region.

 

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