Maritime Piracy: Up, Down or Sideways?

Has maritime piracy increased or decreased over the last five yearsbetween 2003 and 2008? If you said decreased, you cheated, because 99% people would have said increase. The truth, however, is otherwise, as the following figure shows:

pirates

[via DLC]

[Update] As a reader rightly points out, the priacy decline looks like it will come undone in 2009 because of over-enthusiastic ship-jacking in the Gulf of Aden.

Related posts:

  1. Google Reader is Good
  2. Rethinking U.S. GDP Decline
  3. Employment Report
  4. Digital Rights Management is a Club, Not Piracy Protection
  5. Google Reader: Don’t Blame Us, It’s Only an API!