Where episodes of piracy have grown dramatically over recent years, the setting of this case is off the coast of the failed state of Somalia. In this case a group of 14 pirates have hijacked a cargo ship full of machines, but have yet to make any demands.
They hold the multinational crew of 20 (whose captain and two officers are American), the ship, and the freight hostage. The Chief Operating Officer of a global shipping company must choose among alternative strategies to get back, the crew, boat and cargo safely with as little cost as possible.
Ransom on the High Seas The Case of Piracy in Somalia Case Study Solution
PUBLICATION DATE: November 23, 2011 PRODUCT #: W11524-PDF-ENG
This is just an excerpt. This case is about STRATEGY & EXECUTION