High Seas Troubles Affect Global Supply Chains, Part One: Security Risks
Enterra Insights
FEBRUARY 20, 2024
You might recall that during the first decade of this century, piracy was a growing concern with Somalia at the epicenter of pirate activity. The cost of these criminal activities were high in terms of time, money, and lives. Even so, global supply chains have been impacted. billion to upwards of $8 billion a year.”[1]
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