Strictly Business

The Somali pirates we see pictures of are just a rag-tag bunch of Fagin’s young men with weapons charging across the water, often high on khat.
But look past that and behind them is a very well structured, well-organized business plan that would impress any Wall-street firm.
Investors and suppliers provide money and equipment to run the operation.  A gang leader then oversees, pirate action groups, the onboard commander, the accountant, a logistics manager… there is even a chef and a sous-chef.
According to a UN report, pirates are divided into class A and class B.
[Read More]
Source: Shiptalk