Global Marine Insurance: Somalia Pirating Increases Risk to Sailors

Last month we heard the news of the S/V Quest sailboat and its crew being held hostage by Somalian pirates. We hoped for a happy ending to this tragic tale, but unfortunately there was not.

Piracy in Somalia has been a problem for years. There’s even a movie slated about this topic with Tom Hanks. He is set to play Captain Richard Phillips, the head of the cargo ship Maersk Alabama, which was  hijacked off the coast of Somalia by pirates in 2009.