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January 05, 2013

Somalia Banking: Transfers, Challenges and Opportunities

This paper discusses the challenges and opportunities of the banking segment in Somalia. It reviews current systems for financial transfers and discusses the possibility of the introduction of a two-tier banking system.
October 05, 2012

A Market Analysis for Honey Production in Somalia

This market analysis identifies factors influencing the profitability of the honey industry in Somalia, using a framework for analysis based on Michael Porter’s “five forces model” with the introduction of a sixth set of forces comprising complements that support the market segment.
Kaija Hurlburt
June 22, 2012

Human Cost of Somali Piracy 2011

The latest version of the joint study by Oceans Beyond Piracy and the International Maritime Bureau was launched at the International Maritime Organization’s headquarters in London on June 22, 2012, and details the plight of seafarers at the hands of Somali pirates.
Robert Haywood
Roberta Spivak
April 19, 2012

Maritime Piracy

Maritime Piracy is now a pressing global issue, and this work seeks to provide a concise and informative introduction to the area. Never truly having receded into a romanticized past, seaborne banditry’s rapid growth was stimulated by low risks and increasingly high rewards. Currently, obsolete, inc...
Anna Bowden
February 02, 2012

Economic Cost of Somali Piracy 2011

In 2011, Somali pirates attacked 237 ships and successfully hijacked 28. Piracy impacts multiple stakeholders, none more so than the seafarers attacked, held hostage, or killed.
Maisie Pigeon
January 01, 2012

Introduction to Private Maritime Security Companies (PMSCs)

As the safety of ships, their crews, and cargo are increasingly put at risk of pirate attack, there has been a related spike in private counter piracy defense teams on board vessels transiting at-risk zones. In an attempt to clarify this emerging industry, we have begun to map the field, examining c...
Eugene Kontorovich
January 01, 2012

The Penalties for Piracy

The prosecution of Somali pirates has gone global. Today, ten nations on four continents have convicted Somalis who were involved in the epidemic of piracy and armed robbery at sea which began in 2008, and at least six other nations have cases pending.
Kaija Hurlburt
June 06, 2011

Human Cost of Somali Piracy 2010

Thousands of seafarers have been subjected to gunfire, beatings, confinement, and in some cases torture, in the Indian Ocean and Gulf of Aden. In spite of the violent nature of these crimes, the human cost of piracy is under-reported and misunderstood by the public.
Anna Bowden
January 13, 2011

The Economic Cost of Maritime Piracy 2010

At the end of 2010, around 6 pirates. 1 00 seafarers from more than 18 countries are being held hostage by Piracy clearly affects the world’s largest trade transport industry, but how much is it costing the world? One Earth Future the cost of piracy as part of its (OEF) Foundation has conducted a la...
Saorise de Bont
October 01, 2010

Prosecuting Pirates and Upholding Human Rights Law: Taking Perspective

Incidents of piracy off the coast of Somalia have increased in recent years, rising by 47% between 2005 and 2009. With a growing number of states involved in the determent and disruption of attacks, there is a need to outline their human rights obligations when engaging in counter-piracy operations,...
Charles Marts
August 10, 2010

Piracy Ransoms- Conflicting Perspectives

This paper presents both sides of the debate over whether States should allow payment of ransoms to pirates. United States Executive Order 13536 and other recent national and international legislation have brought increased awareness to this issue.
Egune Kontorovich
May 01, 2010

Equipment Articles for the Prosecution of Maritime Piracy

Somali pirates astound because their skiff-mounted attacks on state-of-the-art supertankers repeatedly yield multimillion dollar ransoms, and because they can basically count on getting away with it. Why? Because the legal framework that governs the high seas contains blatant gaps that currently mak...