Shipping companies were visited Monday by European Commission officials looking for evidence of price fixing. US exporters, importers with similar complaints against the shipping companies are watching closely.
A top admiral says US Navy armed patrols can't chase Somali pirates indefinitely. Other ways must be found to get to the source of piracy off the coast of Somalia.
The small number of successful pirate attacks, an increase in military patrols, and legal concerns have kept many firms from hiring security.
Egypt hosted Saudi Arabia, Jordan, Sudan, Yemen, and the Transitional Federal Government of Somalia on Thursday in a bid to protect valuable maritime trade routes from pirates.