Piracy and its Effects on Charterparty Contracts
Somalia piracy has its effects on the sea, off the coast of Somalia and in the wider Indian Ocean. However, the source of the problem has its roots on the Somali land. Economic hardship, absence of an effective government and law enforcement are the driving force of piracy. External interference to the Somali land by the colonial powers and some other African states urged the Somaliland into polit