Modern piracy is a billion-dollar business that takes advantage of inadequate international law, lax enforcement and under-staffed ships. Gangs armed with AK-47s and small rocket launchers have been emboldened by recent successes and are demanding--and often receiving six-figure ransoms. Theft of cargo and rocketing insurance premiums means the cost of transporting goods is rising, not to mention the increased physical danger to mariners in all corners...