Oh, the companies shipping are already being escorted. Whether or to what extent they are paying I am not sure of. The Russian and Chinese navies are also escorting some of the traffic so there is a multinational task force escorting (some) shipping.
I saw this as a separate seek and destroy effort to actually make the pirates absorb heavy losses for their actions. It is even easier to sink ships in a region than to shoot aircraft out of the sky that is unauthorized in a "No Fly Zone" situation. The pirates would be outgunned and due to our military superiority, I expect almost no casualties on our side.
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