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Ransom on the High Seas: The Case of Piracy in Somalia Case Solution & Answer

The setting here is the coast of the failed state of Somalia, where piracy has increased dramatically in recent years. In this case, a group of 14 pirates hijacked a cargo ship full of machines, but has not been implemented. They hold the multinational crew of 20 (including the captain and two officers are American), ship and cargo hostage. The director of operations of an international transport company must choose between alternative strategies for the crew, the cargo and the ship, return safely at the lowest possible cost.
by
Alvaro Cuervo-Cazurra,
Michael train
Jeanne M. McNett
Source: Ivey Publishing
9 pages.
Date Posted: November 23, 2011. Prod #: W11524-PDF-ENG
Ransom at sea: the case of Somalia Piracy Case Settlement

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