What is RO-RO?
Does the expression RO-RO sound difficult for you? Read here to find out more. RO-RO comes from the words roll-on/roll-off. It means a vessel that is specialized for transporting wheeled cargo such as cars, busses, trailers, tractors, railroad cars, etc, which are driven on and off the ship on their own wheels. Such vessels have a built-in ramp to allow the cargo to be rolled on or rolled off. The decks of RO-RO-vessels are measured in units of “lanes in metres (LIMs)”. In order to move the cargo liftable […]
Continue readingThe Cost of 2011 Piracy in Somali to the Shipping Industry and Governments
According to One Earth Future Foundation’s report the estimated cost of Pirates of Somali to the world was between 6.6 and 6.9 billion dollars in 2011 and in 2010 between 7 to 12 billion dollars. In 2011 about 80% of the total costs were borne by the shipping industry. Overall if comparing 2010 and 2011, there was an increase in the attacks by Somali pirates. However, due to a more aggressive response from military forces conducting counter-piracy missions in the region and due to private armed security on the ships […]
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