Stealing the oil from a ship is no mean feat.

Oil tankers are enormous, and ships that carry expensive cargo are designed to be difficult to board. Stealing can mean hijacking the original tanker, disabling its tracking devices, taking it to a location where it can’t be spotted, and transferring thousands of heavy barrels to a different vessel that can then be sailed away. Stealing crude also means finding a buyer for it, or else getting involved in the messy and dangerous business of illegal refining.

http://oilpro.com/links/29594/oil-now-so-cheap-even-pirates-arent-stealing-any-more

I can see increasing unemployment in the pirate sector coming up. I wonder if they have a social security system?

I can see increasing unemployment in the pirate sector coming up. I wonder if they have a social security system?

Piracy is the social security system for fishermen as their waters get ransacked by Asian (and other) industrial fishing fleets.

I guess it's on to kidnapping on land when piracy plays out.