Piracy

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Piracy

1. Robbery committed at sea. Piracy is one of the world's oldest crimes and is a risk in international trade. Captured pirates generally are tried in military courts. A company may insure against injury or loss of goods due to piracy.

2. The act or practice of making illegal copies of copyrighted material. For example, printing copies of a book without the author's or publisher's permission may be piracy because neither receives any compensation for sales. Piracy is a major issue in online commerce. It is common, for instance, for a private user to upload a video to a website and even profit from views of that video without permission from or compensation to the copyright owners. The best way to prevent or prosecute this form of piracy remains a controversial issue.
References in periodicals archive ?
Somali pirates have regularly targeted tanker vessels for years, but since moving into the Arabian Sea in early 2010 pirates have posed a more concerted threat to oil and gas tankers transiting from the Middle East to Europe and Asia.
About the only real threat to Somali pirate expansion these days is from other pirates.
Suspected Somali pirates have hijacked two European-owned tankers within 24 hours in the highest-profile strikes since foreign navies deployed en masse to the region's busy sea lanes.
This is the second recorded instance where Sri Lankan fishermen have been targeted by Somali pirates.
Somali pirates were effectively put out of business by international maritime patrols coordinated by the United States and thee European Union.
The Somali pirates have threatened to kill our children if the government does not give in to their demands by November 30.
The hijacking comes two months after Somali pirates, released another supertanker used by the same South Korean shipping company, having keeping the vessel for nearly seven months.
Indian authorities are investigating reports of the hijacking of multiple vessels, carrying mostly Indian crew, by Somali pirates off the Horn of Africa.
Summary: TEHRAN (FNA)- Commander of the 16th fleet of warships, which recently returned home from an anti-piracy mission in the Indian Ocean, lauded his forces for their success in confronting Somali pirates and providing a safe passage for Iranian cargo ships and oil tankers.
NAIROBI: Somali pirates hijacked three Thai fishing vessels with 77 crew members over the weekend in one of their most daring raids so far, a maritime official said Tuesday.
Somali pirates have captured a Singaporean container ship in the Indian Ocean near
Somali pirates have released the hijacked UK-owned ship "Asian Glory", whose crew includes 8 Bulgarian sailors.

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