Cambridge Risk Framework Profile of a Macro-Catastrophe Threat Type Political Violence Organised Crime: Piracy Adrian Leonard, Andrew Coburn, Gary Bowman Working Paper 201203.05 Draft: March 2012 Availability for download at www.risk.jbs.cam.ac.uk Cambridge Centre for Risk Studies Working Paper Series Cambridge Centre for Risk Studies University of Cambridge Judge Business School Trumpington Street Cambridge, CB2 1AG United Kingdom
[email protected] www.risk.jbs.cam.ac.uk Disclaimer Information: This Working Paper should not be reported as representing the views of the University of Cambridge Judge Business School – Centre for Risk Studies. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the Centre. The Centre will not be liable for any loss or damage arising from the use of this Publication. Acknowledgement This work was carried out with partial support from Centre for Risk Studies A Shock to the System – Research Programme of the Cambridge Centre for Risk Studies Threat Assessment Monograph 4 Political Violence 4.5 Organized Crime – Piracy Adrian Leonard1, Andrew Coburn2, Gary Bowman3* 5 March 2012 Abstract International trading networks, such as commercial supply chains or timely delivery of goods, and national security concerns, such as food and energy delivery, need to consider the threats to them to develop a risk management strategy for resilience. 90% of commerce is seaborne. This publication considers the threat to international shipping networks and commerce that depends on it, from organized crime in the form of piracy at sea. The phenomenon of piracy is profiled, with a history and quantification of recent trends.