The statistic represents ransom payments for vessels hijacked off the Somali coast, based on ransom sum paid. In 2011, pirates received some 11.5 million U.S. dollars in ransom for the release of the oil tanker Savina Caylyn.
Most expensive piracy attacks in Somalia in 2011, based on ransom sum
(in million U.S. dollars)
* Total ransom data compiled by author. According to the source, the authors tracked and accounted for
each individual ransom paid in 2011 (where data was available). The statistic lists ransom payments
for hijacked vessels in 2011. Note that some of these
vessels were hijacked in 2010, but were not released
until 2011. The authors included all ransoms paid in 2011 in
order to analyze the 2011 ‘ransom price’ market.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
One Earth Future. (January 15, 2013). Most expensive piracy attacks in Somalia in 2011, based on ransom sum (in million U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/251651/most-expensive-piracy-attacks-in-somalia-based-on-ransom-sum/
One Earth Future. "Most expensive piracy attacks in Somalia in 2011, based on ransom sum (in million U.S. dollars)." Chart. January 15, 2013. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/251651/most-expensive-piracy-attacks-in-somalia-based-on-ransom-sum/
One Earth Future. (2013). Most expensive piracy attacks in Somalia in 2011, based on ransom sum (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/251651/most-expensive-piracy-attacks-in-somalia-based-on-ransom-sum/
One Earth Future. "Most Expensive Piracy Attacks in Somalia in 2011, Based on Ransom Sum (in Million U.S. Dollars)." Statista, Statista Inc., 15 Jan 2013, https://www.statista.com/statistics/251651/most-expensive-piracy-attacks-in-somalia-based-on-ransom-sum/
One Earth Future, Most expensive piracy attacks in Somalia in 2011, based on ransom sum (in million U.S. dollars) Statista, https://www.statista.com/statistics/251651/most-expensive-piracy-attacks-in-somalia-based-on-ransom-sum/ (last visited December 21, 2024)
Most expensive piracy attacks in Somalia in 2011, based on ransom sum (in million U.S. dollars) [Graph], One Earth Future, January 15, 2013. [Online]. Available: https://www.statista.com/statistics/251651/most-expensive-piracy-attacks-in-somalia-based-on-ransom-sum/