International shipping can be risky for companies that don’t properly protect themselves against some of the precarious realities of international trade. For instance, piracy around the world more than doubled in the first 6 months of 2009 compared with the same period a year earlier, according to the ICC International Maritime Bureau’s Piracy Reporting Centre. In addition, shipping accidents and inclement weather such as hurricanes and tropical storms can wreak havoc on businesses transporting goods from overseas.

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