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CURRENT ISSUE

NAVY SHIPBUILDING COSTS
Which of these could best lower shipbuilding costs?

 Staying with proven technology
 Multiyear fixed price contracts
 Reform Navy acquisition

October 15, 2009

Pirates seize PIL containership

Somali pirates have seized the 1,550 TEU Singapore-flag containership Kota Wajar.

The Pacific International Lines ship was hijacked in the Indian Ocean early this morning, local time some 300 nautical miles north of the Seychelles, according to a brief statement from EU NAVFOR.

The statement added that "an EU NAVFOR maritime patrol aircraft was tasked to investigate the situation."


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