Dec 04 2011

The Effects of Piracy on the South Africa Sea Trade

Published by Theresa Anne at 7:55 pm under International Shipping


The legendary and notorious pirate Barbarossa was courageous enough to seize Algiers and rule it as a pirate base in the 17th century; shipping trade in the Mediterranean risked the threat of this “pirate navy”.



The full effect of a new wave of sea piracy in African waters has been burgeoning since the 1980′s, and is gradually growing in strength.


Listed here are a couple of facts regarding piracy and the effects it has on South African waters and shipping:


 


• Piracy is affecting international trade and lives on the seas right across the globe.
• Piracy could cripple shipping in Africa.
• Pirates attack fishermen, cargo ships, cruise liners and the supply of food to famine and war-torn poverty-stricken African countries.
• South Africa is an important sea trading nation, contributing at least 95% of the trade, thus is as affected by pirating as any other nation; perhaps more so.
• Currently piracy is affecting most of Africa, having spread from the horn of Africa and Somalia spreading to the Mozambique Channel.


How piracy had added onto the costs of shipping:


• Taking care of ships and cargo entails additional expense.
• Taking ships and diverting them as far away as possible from the troubled areas will increase fuel costs.
• Piracy has forced companies that cover maritime insurance to become extremely expensive.
• Vessels and ships that trade have been forced to add razor wire around the decks.
• Ships have put extra look-outs on their decks and have installed water cannons as this offers a good deterrent.


 


It is a sad state of affairs when pressure is mounting as to the value of supplying food and aid by sea to the impoverished countries of Africa.

The Effects of Piracy on the South Africa Sea Trade 20111204289.5625 The Effects of Piracy on the South Africa Sea Trade

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