Tuesday, January 18, 2011

What is the Cost to the World of Being a Bunch of Pu**ies?

Lameness = $12 billion.

"Somali pirates lined their pockets with a share of $238m in ransoms last year alone, the report from US-based think tank One Earth Future reads.

The amount paid to pirates pales into relative insignificance, however, when compared with estimated costs further along the chain. The report estimates that the total excess cost of insurance to the shipping industry is between $460m and $3.2bn.

Of arguably greater impact on the shipping industry is the cost of re-routing ships around South Africa’s Cape of Good Hope in an attempt to avoid the treacherous Gulf of Aden and northern Indian Ocean. This cost is estimated by the group at between $2.4bn and $3bn."

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