Marine piracy has been in the news more often in recent years. As the economic situation in several countries has changed, attacks on ships and crew by armed men in fast-moving boats have increased.
Modern piracy is committed by a number of groups, but the nation that receives the most blame for piracy at sea isSomalia. Attacks occur frequently off the long eastern Somali coastline.
Modern piracy at sea reports show that shipping companies suffer huge losses each month because of piracy. Fishermen and small traders also suffer significant losses, but these are less likely to be reported.
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