IMPACT OF PIRACY ON MARITIME TRANSPORT AND TECHNICAL SOLUTIONS FOR PREVENTION

Pirates are acts of loot taking place on the sea or the coast and are acted upon by illegal maritime forces. Piracy is an international crime, piracy that directly threatens the lives and lives of seafarers, strongly impacts maritime activity as well as economic development [1]. The global damage caused by piracy is estimated at $ 6.6 to $ 6.9 billion through commercial fraud, loss of cargo or delay. Even pirates can cause political instability due to state officials' corruption.