Pirates currently are holding 11 ships and 264 hostages, according to the EU's taskforce.Let's face it, folks... this is simple economics.
In fact, I'll go further... it's a form of hyper-capitalism, in that, there are huge profits to be made for those who are willing to risk their, well... capital.
You wanna cool down the market here... you have to have the resources (no problem there) and the political will (oh-oh).
Think El-Al... it's that simple.*