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  • Hardy sailors prefer pirates to no job

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Hardy sailors prefer pirates to no job

The mounting threat posed by Somali pirates is causing waves in many seafaring nations but not in the Philippines. Around 40 percent of the sailors who work on the world's supertankers and cargo ships hail from the Philippines. And sailors there are making light of the risk of being held hostage. They're far more worred about the economic downturn drying up demand for their services.

Reuters | November 20, 2008Watch more videos from Reuters

Tags:. .worred. .downturn. .somali. .cargo. .hostage










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