Former Somalian pirate Mohamed Abdi Hassan has been jailed for a total of 20 years due to the hijacking of the Belgian ship Pompeii in 2009 when 10 crew members were held hostage for a ransom of US$2 million, according to gCaptain.
The ransom was paid in full for the release of the hostages, highlighting how piracy remains a lucrative business for pirates.
As well as piracy being a big issue in the maritime industry, corruption has also been highlighted as a major problem.