Maritime transport has been historically susceptible to piracy. While broad assessments suggest the impact of modern … piracy causes large economic losses, the literature lacks quantification of the magnitude of the costs and the behavioral … responses that underpin them. Here, we combine theory and a unique geospatial dataset combining more than 25 million shipping …

Piracy for ransom remains a significant maritime security threat adversely affecting the interests of the shipping …, this article argues that maritime piracy for ransom operates in a strictly commercial environment that is fundamentally … resolve. The examination of the current policies on ransom payments shows that there is no universal ban on piracy ransoms and …

policy and regulatory measures implemented in the region against piracy are assessed to propose additional measures for …-findings are juxtaposed with the estimated cost of piracy and potential implications for policies driving economic advancement. The … and international corporations. The piracy cost is high and inevitable as a factor of insurance coverage passed onto end …

shipping and global trade. Contemporary piracy is intrinsically linked to matters of governance and economic marginalization …Maritime piracy is a pressing global economic and security challenge, posing significant threats to international … fostered by the globalization of the world economy. The first and second order costs of piracy are not inconsequential. It is …