For the fourth straight year the number of pirate attacks against ships has risen, with hijackings off the coast of Somalia accounting for 92 percent of all ship seizures, according to the International Maritime Bureau (IMB).
More than 635 hostages were being held for ransom as of Dec. 31, 2010, the IMB's global piracy reported said.
James M. Craig, president of the American Institute of Marine Underwriters, said he has not heard anything new from members on the issue for several reasons—one being this type of information is often considered proprietary.
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