Thursday, 20 November 2008

Sailors prefer pirates to no job

Nov 20 - Seafaring Filipinos worry more about landing work in a shrinking global economy than being hijacked by pirates off Somalia.

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 worried about the economic downturn drying up demand for their services.

- Reuters

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