Latest Piracy Stories

NEWARK, N.J., May 26 /PRNewswire/ -- Recovery forecasts and upcoming challenges for the various sectors of the breakbulk industry were highlighted at UBM Global Trade's 5th Annual Breakbulk Europe Conference last week, organized by Breakbulk Magazine and The Journal of Commerce. Breakbulk Europe 2010 posted a record turnout of 3,300 attendees and 125 exhibitors, an increase of 10 percent from 2009. "In addition to a record number of attendees this year, we saw a larger percentage of...

Accusations made by the United States that China is failing to take action against copyright piracy have been dismissed as "groundless" by the Foreign Ministry, the Xinhua News Agency reported on Saturday. Foreign Ministry spokesman Ma Zhaoxu said China has implemented policies to combat piracy in copyrighted movies, music, games, and other sources of entertainment. Chinese leaders will hold talks on Monday and Tuesday in Beijing with U.S. Secretary of State Hillary Clinton and Treasury...

NEW YORK, May 18 /PRNewswire-USNewswire/ -- Abduwali Abdukhadir Muse, the Somali pirate who led the hijacking of the Maersk Alabama container ship in the Indian Ocean, pleaded guilty today in Manhattan federal court to two felony counts of hijacking maritime vessels, two felony counts of kidnapping, and two felony counts of hostage taking. Muse's guilty plea arose from his participation in the April 8, 2009, hijacking of the Maersk Alabama container ship in the Indian Ocean, and the...

NEW YORK, May 17 /PRNewswire/ -- Bands of pirates terrorizing commercial merchant ships off the coast of Africa continue to make headlines around the world. However, an international military coalition lead by the US Navy is starting to make headlines of their own, capturing pirates and stopping hijackings. Sail the high seas with Spike and 44 Blue Productions as they chronicle the US Navy's efforts to restore order to the turbulent waters off of the coast of Somalia with the one-hour...

Global software piracy rate rises to 43 percent, stifling innovation and economic growth WASHINGTON, May 11 /PRNewswire-USNewswire/ -- The rate of global software piracy climbed to 43 percent in 2009, a two-percentage-point increase from 2008 fueled in large part by expanding PC sales in emerging markets, according to the seventh annual Business Software Alliance/IDC Global Software Piracy Study. "Software theft exceeded $51 billion in commercial value in 2009. The public and private...

On Monday, China said that software piracy declined slightly last year, but admitted the thriving market was still valued at nearly $19 billion. A survey funded by the State Intellectual Property Office found a total of $18.9 billion was spent on pirated software last year, accounting for 12 percent of the country's total software market. According to the survey covering over 4,600 individual and corporate respondents across the country, which was carried out by Internet research firm...

WASHINGTON, May 5 /PRNewswire-USNewswire/ -- The Business Software Alliance (BSA), the voice of the world's commercial software industry, today announced a settlement with Associated Healthcare, a home medical equipment provider based out of Amherst, NY. Associated Healthcare paid $50,000 to BSA to settle claims that it had unlicensed copies of Adobe, Microsoft and Symantec software installed on its computers. As part of the settlement agreement, the company agreed to delete all...

WASHINGTON, May 4 /PRNewswire-USNewswire/ -- The Business Software Alliance (BSA), the voice of the world's commercial software industry, today announced a settlement with Freedom Wireless of Butler, PA. Freedom Wireless paid $92,500 in damages to BSA to settle claims that it had unlicensed copies of Microsoft software installed on its computers. As part of the settlement agreement, the company agreed to delete all unlicensed copies of software from its computers, acquire any licenses...

NEW YORK, April 28 /PRNewswire-FirstCall/ -- General Maritime Corporation (NYSE: GMR) today reported its financial results for the three months ended March 31, 2010. Financial Review: 2010 First Quarter The Company recorded a net loss of $9.1 million or $0.16 basic and $0.16 diluted loss per share for the three months ended March 31, 2010 compared to net income of $18.9 million or $0.35 basic and $0.34 diluted earnings per share for the three months ended March 31, 2009. The decrease in...

DUBAI, UAE, April 28, 2010 /PRNewswire/ -- It was generally accepted that the areas with the highest threat of pirate attacked are along the line from the Seychelles to the Maldives and into the Mozambique Channel, but it is now clear that the Arabian Sea is another area in which pirate attacks are now occurring and that the zone within a triangle formed by Socotra, the Gulf of Oman and the northern Maldives is now also a threat area. The coalition of maritime forces is therefore...