Pirate Attacks Threaten Global Trade

1,404 views · Published 25 November 2008 · 2:08 · Indexed 22 September 2026

Channel: Voice of America · 2008 · News & Politics

Watch on YouTube

A recent increase in pirate attacks off Somalia is raising concern about security in key international shipping lanes. Somali pirates seized at least three ships in the past week,  including a Saudi supertanker carrying an estimated $100 million worth of crude oil. The  pirates are demanding $25 million ransom for the release of the tanker and its crew. As VOA's Robert Raffaele explains, the dangers are already affecting  international shipping.

More from this channel