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piracy
’The pirate business model
We missed this earlier in the month, but it’s definitely worth ‘flagging up’ to readers as it was being pinged around Citi emails on Wednesday.
UN Dispatch, a site dedicated to providing commentary and coverage on the UN and UN-related issues,
Somali pirates set up co-op, make hijacking a ‘community activity’
We’re always in the market for a good pirate yarn here on FT Alphaville, and we quite liked this Reuters story about Somali pirates’ funding techniques (beyond pillaging):
In Somalia’s main pirate lair of Haradheere,
Yar! Interdealer piracy
Buccaneers hassling your fleet around the seven seas? Time to hire some muscle.
Interdealer broker ICAP are said to be amassing ducats introducing worried ship owners to pirate slaying mercenaries.
And for a small fee you too can be “briefed in anti-piracy preparation and drills”,