Tag: Red Sea

Sailor says shipping cos endangering crew to cut costs

Reports of piracy are suppressed because shipping companies would not like this route to be perceived to be too dangerous as this would drive up their insurance costs and force them to either go around the Cape of Good Hope or cross the Pacific Ocean as well as cause them problems in recruiting crews and shipping companies put their own ships at risk by refusing to be escorted by international naval ships in convoys because of additional costs and delays.