Tuesday, October 07, 2008

Pirate pay rates

There is holiday pay, and now there is pirate pay:

Seafarers sailing near Somalia to get double pay
David Osler - Tuesday 7 October 2008

MANY seafarers are to get double pay while sailing close to Somalia, in recognition of the danger of pirate attack, after a breakthrough deal between leading shipowners and maritime trade unions signed in Singapore today.

Under the terms of the understanding agreed by a subcommittee of the International Bargaining Forum, the bipartite body which sets pay and conditions for many seafarers, most of the Gulf of Aden had been declared a ‘high risk area’ with immediate effect. -- Read on

ALSO, a very thorough audio discussion on the topic of piracy is on "On Point," with Tom Ashbrook.

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