Piracy: old trade, new stakes

(02:25) Report

Nov 18 - Pirates have plagued the Horn of Africa for years but now their attacks are increasing in number and audacity.

The hijacking of the 310, 000 ton supertanker Sirius Star marks a new watershed in world piracy both because of the size of ship the pirates have seized and the range at which they carried out the assault some 800 kilometres off the coast of Kenya.

Paul Chapman reports.

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