Piracy Costing The Global Shipping Industry Over \$9 Billion Per Year
An Indian ship owner has spoken out that the world shipping trade is being affected by piracy, so much so that it is costing the industry a massive \$9 billion a year.
Anil Devli, of the Indian National Shipowners Organisation, said that the costs for the global shipping sector are increasing due to rising insurance costs and longer routes.
Piracy is also causing more armed guards being posted on board ships and ransoms being paid to get hijacked vessels and crew released safely.
Devli is calling for a maritime force to halt pirates operating off the Somalian coast in the Indian Ocean and he has written to the Indian government to ensure the safety and security of seas lanes in also in the Arabian Sea.
Robinsons is one of the most trusted international shipping, container shipping and international removals companies in the UK. When timing is crucial, it’s important to choose a shipping company who will provide a fast, efficient and secure global shipping service to meet your individual needs.
Robinsons International has been at the forefront of transporting, packing and shipping for over 100 years. Whether it is a single fragile item or a full container load, we provide a safe and professional packing and shipping service at a competitive price.
We can help to transport your fine furniture and antiques undamaged and without harm; so whether you are shipping America, shipping to Israel and South Africa, or shipping Australia; look no further than Robinsons International.
Get in touch today to discuss your shipping needs and get a free quote with no obligation!
Photo Credit: Unsplash