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Empty Vessel

The Story of the Global Economy in One Barge

Author Ian Kumekawa On Tour
Hardcover
$29.00 US
6.41"W x 9.56"H x 1.27"D   (16.3 x 24.3 x 3.2 cm) | 21 oz (584 g) | 12 per carton
On sale May 06, 2025 | 336 Pages | 9780593801475
Grades 9-12 + AP/IB
Sales rights: US, Canada, Open Mkt

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The rise of globalization and financialization as seen from a barge—one Swedish barge, to be exact, built in 1979

"The many-headed hydra of neoliberalism has found its chronicler." —Sven Beckert, author of Empire of Cotton

"I’ve rarely read a book that so deftly entwines a single, accessible story with the broad forces of globalization. A stunningly original history."Maya Jasanoff, author of The Dawn Watch


What do a barracks for British troops in the Falklands War, a floating jail off the Bronx, and temporary housing for VW factory workers in Germany have in common? The Balder Scapa: a single barge that served all three roles. Though the name would eventually change to Finnboda 12. And then to Safe Esperia. And later on, to the Bibby Resolution. And after that . . . in short, a vessel with so many names, and so many fates, that to keep it in our sights—as the protagonist of this fascinating economic parable—Ian Kumekawa has no choice but to call it, simply, the Vessel. 

Despite its sturdy steel structure, weighing 9,500 deadweight tons, the Vessel is a figure as elusive and abstract as the offshore market it comes to embody: a world of island tax havens, exploited labor forces, free banking zones, Thatcherism, Reaganomics, and mass incarceration, where even the prisoners are held offshore. Fitted with modular shipping containers, themselves the product of standardized global trade, the ship could become whatever the market demanded. Whether caught in an international dispute involving Hong Kong, Nigeria, Indonesia, and the Virgin Islands—to be settled in an English court of law—or flying yet another foreign “flag of convenience” to mask its ownership—the barge is ever a container for forces much larger than even its hulking self. 

Empty Vessel is a jaw-dropping microhistory that speaks volumes about the global economy as a whole. In following the Vessel—and its Sister Vessel, built alongside it in Stockholm—from one thankless task to the next, Kumekawa connects the dots of a neoliberal world order in the making, where regulation is for suckers and “Made in USA” feels almost quaint.
"In the astonishing trajectory of a humble barge, Empty Vessel delivers an ambitious history of the global economy, linking everything from oil-drilling and offshore finance to military deployments and mass incarceration. I’ve rarely read a book that so deftly entwines a single, accessible story with the broad forces of globalization. A stunningly original history, as phenomenally well-researched as it is eloquently told." —Maya Jasanoff, author of The Dawn Watch

"A thrilling, meticulous and wondrously original journey, told with a flair and reverence for detail that captures all the joys, travails and horrors of life across time, place and water. A fabulous book." —Philippe Sands, author of East West Street

“Now that the neoliberal order might move into the rearview mirror, its contours become much clearer. Ian Kumekawa is an excellent guide to this half a century moment in the history of capitalism. By focusing on something small and very local he allows us to see something big and very global: the forging of new inequalities, the retooling of global economic hierarchies, the refashioning of trade and industry, the feverish burning of fossil fuels and the violence and coercions embedded into the neoliberal order supervised by a powerful but recast state. The many-headed hydra of neoliberalism has found its chronicler." —Sven Beckert, author of Empire of Cotton

"The Vessel is an ingenious, marvelous book. Ian Kumekawa has captured the big economic stories of the past half-century in the perambulations of a single ship. His Vessel drifts across the globe from one major upheaval to the next, a floating, steel witness to extraction, mass production, deindustrialization, incarceration, and war. The result is a high seas picaresque through the systems that tie the modern world together." —Henry Grabar, author of Paved Paradise

"A gripping tale—of a floating prison, the worlds of global and offshore capital in which such ships are moored, and the maritime and legal infrastructures that keep such worlds afloat, even amidst the tidal waves of economic and ecological disaster." —Surabhi Ranganathan, Professor of International Law, University of Cambridge

"Ian Kumekawa's tale of the Barge—a floating dormitory built in Sweden for a Norwegian financier, towed successively to the South Atlantic, to Germany, to Manhattan's East River, to Britain's southern coast, and to Nigeria, housing in turn soldiers, drug addicts, prisoners, and migrant workers; continually the object of contending legal regimes and offshore financial opportunities—is an imaginative and beautifully written allegory of the decades of globalization and the fugitive wealth it supported. What an eye-opening read!" —Charles S. Maier, Leverett Saltonstall Professor of History, Emeritus, Harvard University

Empty Vessel is a captivating story—I read it like a detective novel—and at the same time a profound contribution to the history of economic, financial and material life in the contemporary globalized world.” —Emma Rothschild, Jeremy and Jane Knowles Professor of History, Harvard University

"Kumekawa brilliantly traces the history of one vessel to make the historical forces of globalization concrete. A riveting and important read that shows the strange ties between tax havens and trade, prisons and ports. Offshore is more than a concept; it is a place. Kumekawa is the ideal guide to that place and its complicated inner workings." —Heidi Tworek, Professor of History and Public Policy and Canada Research Chair, University of British Columbia

"When the world went on lockdown, Ian Kumekawa took a different tack, tracking a single barge through its journey across the planet. What he discovers is the hidden material life and labor that make the global economy possible. A brilliant, unforgettable tale of our modern times." —Eric Klinenberg, author of 2020: One City, Seven People, and the Year Everything Changed

“Ian Kumekawa’s Empty Vessel, both the book and the accommodation container ship whose checkered history it unfolds, brilliantly illuminates the workings of a global offshore economy that would prefer to remain in the shadows, lingering on the margins of the law, thriving on secrecy, sleight of hand and tax avoidance. By following in the vessels’ wake Kumekawa’s riveting story reveals not just its physical use and functions—as accommodation for British troops, New York prisoners, oil workers, asylum seekers—but explains how the Vessel became an exemplary object caught up in global skeins/schemes of capital and finance.” —John Brewer, Professor Emeritus, Caltech Division of Humanities and Social Sciences

"A compelling voyage in and of itself, taking the reader on a journey around the global economy that illuminates the systemic blind spots of the late twentieth century and early twenty-first century global economy. A trip on a barge that takes you further than you imagined." —Kojo Koram, author of Uncommon Wealth

"If you've ever struggled to understand what terms like "globalisation" or "financialistion" actually mean, Empty Vessel is the book for you. Kumekawa combines in depth research with powerful storytelling to show the reader, in concrete terms, how modern capitalism really works—and how it has changed over the last several decades." —Grace Blakeley, author of Vulture Capitalism

“Incisive . . . A cleverly conceived appraisal of the international economy’s troubled recent history.” Publishers Weekly

"The Vessel is a character, and Kumekawa gives it a voice through first-hand accounts by the people who built, worked, and were incarcerated on it. . . . [He] uses these barges and their voyages as metaphors in a bigger tale of material processes required in global economics, [offering] unique insights on regions from the Caribbean to Africa and how these barges were deployed in strategic and interesting ways.” —Jennifer Adams, Booklist

“A stellar account of a complex offshore world, as seen through the tangled history of a humble barge. . . . Throughout his epic telling, Kumekawa weaves in lucid and eye-opening explanations of the murky worlds of tax havens and loose regulations. The barge is at the heart of it all. The vessel has ‘no motor, no keel, no rudder,’ he writes, but his book has undeniable drive.” Kirkus (starred review)

“A sophisticated allegory for the trend toward a less regulated, more homogeneous world . . . The fate of an object over decades can reveal truths about human activity.” Library Journal
IAN KUMEKAWA is a historian at the Center for History and Economics at Harvard University. He is the author of The First Serious Optimist: A. C. Pigou and the Birth of Welfare Economics (2017), which won the Joseph J. Spengler Prize. He has taught at Harvard and MIT. He hails from Clinton, CT and now lives in Boston. View titles by Ian Kumekawa
Available for sale exclusive:
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•     Minor Outl.Ins.
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•     Philippines
•     Puerto Rico
•     Samoa,American
•     US Virgin Is.
•     USA

Available for sale non-exclusive:
•     Afghanistan
•     Aland Islands
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•     Bhutan
•     Bolivia
•     Bonaire, Saba
•     Bosnia Herzeg.
•     Bouvet Island
•     Brazil
•     Bulgaria
•     Burkina Faso
•     Burundi
•     Cambodia
•     Cape Verde
•     Centr.Afr.Rep.
•     Chad
•     Chile
•     China
•     Colombia
•     Comoro Is.
•     Congo
•     Cook Islands
•     Costa Rica
•     Croatia
•     Cuba
•     Curacao
•     Czech Republic
•     Dem. Rep. Congo
•     Denmark
•     Djibouti
•     Dominican Rep.
•     Ecuador
•     Egypt
•     El Salvador
•     Equatorial Gui.
•     Eritrea
•     Estonia
•     Ethiopia
•     Faroe Islands
•     Finland
•     France
•     Fren.Polynesia
•     French Guinea
•     Gabon
•     Georgia
•     Germany
•     Greece
•     Greenland
•     Guadeloupe
•     Guatemala
•     Guinea Republic
•     Guinea-Bissau
•     Haiti
•     Heard/McDon.Isl
•     Honduras
•     Hong Kong
•     Hungary
•     Iceland
•     Indonesia
•     Iran
•     Israel
•     Italy
•     Ivory Coast
•     Japan
•     Jordan
•     Kazakhstan
•     Kyrgyzstan
•     Laos
•     Latvia
•     Lebanon
•     Liberia
•     Libya
•     Liechtenstein
•     Lithuania
•     Luxembourg
•     Macau
•     Macedonia
•     Madagascar
•     Maldives
•     Mali
•     Marshall island
•     Martinique
•     Mauritania
•     Mayotte
•     Mexico
•     Micronesia
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•     Mongolia
•     Montenegro
•     Morocco
•     Netherlands
•     New Caledonia
•     Nicaragua
•     Niger
•     Niue
•     Norfolk Island
•     North Korea
•     Norway
•     Oman
•     Palau
•     Palestinian Ter
•     Panama
•     Paraguay
•     Peru
•     Poland
•     Portugal
•     Qatar
•     Reunion Island
•     Romania
•     Russian Fed.
•     Rwanda
•     Saint Martin
•     San Marino
•     SaoTome Princip
•     Saudi Arabia
•     Senegal
•     Serbia
•     Sint Maarten
•     Slovakia
•     Slovenia
•     South Korea
•     South Sudan
•     Spain
•     St Barthelemy
•     St.Pier,Miquel.
•     Sth Terr. Franc
•     Suriname
•     Svalbard
•     Sweden
•     Switzerland
•     Syria
•     Tadschikistan
•     Taiwan
•     Thailand
•     Timor-Leste
•     Togo
•     Tokelau Islands
•     Tunisia
•     Turkey
•     Turkmenistan
•     Ukraine
•     Unit.Arab Emir.
•     Uruguay
•     Uzbekistan
•     Vatican City
•     Venezuela
•     Vietnam
•     Wallis,Futuna
•     West Saharan

Not available for sale:
•     Antigua/Barbuda
•     Australia
•     Bahamas
•     Bangladesh
•     Barbados
•     Belize
•     Bermuda
•     Botswana
•     Brit.Ind.Oc.Ter
•     Brit.Virgin Is.
•     Brunei
•     Cameroon
•     Cayman Islands
•     Christmas Islnd
•     Cocos Islands
•     Cyprus
•     Dominica
•     Falkland Islnds
•     Fiji
•     Gambia
•     Ghana
•     Gibraltar
•     Grenada
•     Guernsey
•     Guyana
•     India
•     Iraq
•     Ireland
•     Isle of Man
•     Jamaica
•     Jersey
•     Kenya
•     Kiribati
•     Kuwait
•     Lesotho
•     Malawi
•     Malaysia
•     Malta
•     Mauritius
•     Montserrat
•     Mozambique
•     Myanmar
•     Namibia
•     Nauru
•     Nepal
•     New Zealand
•     Nigeria
•     Pakistan
•     PapuaNewGuinea
•     Pitcairn Islnds
•     S. Sandwich Ins
•     Seychelles
•     Sierra Leone
•     Singapore
•     Solomon Islands
•     Somalia
•     South Africa
•     Sri Lanka
•     St. Helena
•     St. Lucia
•     St. Vincent
•     St.Chr.,Nevis
•     Sudan
•     Swaziland
•     Tanzania
•     Tonga
•     Trinidad,Tobago
•     Turks&Caicos Is
•     Tuvalu
•     Uganda
•     United Kingdom
•     Vanuatu
•     Western Samoa
•     Yemen
•     Zambia
•     Zimbabwe

About

The rise of globalization and financialization as seen from a barge—one Swedish barge, to be exact, built in 1979

"The many-headed hydra of neoliberalism has found its chronicler." —Sven Beckert, author of Empire of Cotton

"I’ve rarely read a book that so deftly entwines a single, accessible story with the broad forces of globalization. A stunningly original history."Maya Jasanoff, author of The Dawn Watch


What do a barracks for British troops in the Falklands War, a floating jail off the Bronx, and temporary housing for VW factory workers in Germany have in common? The Balder Scapa: a single barge that served all three roles. Though the name would eventually change to Finnboda 12. And then to Safe Esperia. And later on, to the Bibby Resolution. And after that . . . in short, a vessel with so many names, and so many fates, that to keep it in our sights—as the protagonist of this fascinating economic parable—Ian Kumekawa has no choice but to call it, simply, the Vessel. 

Despite its sturdy steel structure, weighing 9,500 deadweight tons, the Vessel is a figure as elusive and abstract as the offshore market it comes to embody: a world of island tax havens, exploited labor forces, free banking zones, Thatcherism, Reaganomics, and mass incarceration, where even the prisoners are held offshore. Fitted with modular shipping containers, themselves the product of standardized global trade, the ship could become whatever the market demanded. Whether caught in an international dispute involving Hong Kong, Nigeria, Indonesia, and the Virgin Islands—to be settled in an English court of law—or flying yet another foreign “flag of convenience” to mask its ownership—the barge is ever a container for forces much larger than even its hulking self. 

Empty Vessel is a jaw-dropping microhistory that speaks volumes about the global economy as a whole. In following the Vessel—and its Sister Vessel, built alongside it in Stockholm—from one thankless task to the next, Kumekawa connects the dots of a neoliberal world order in the making, where regulation is for suckers and “Made in USA” feels almost quaint.

Praise

"In the astonishing trajectory of a humble barge, Empty Vessel delivers an ambitious history of the global economy, linking everything from oil-drilling and offshore finance to military deployments and mass incarceration. I’ve rarely read a book that so deftly entwines a single, accessible story with the broad forces of globalization. A stunningly original history, as phenomenally well-researched as it is eloquently told." —Maya Jasanoff, author of The Dawn Watch

"A thrilling, meticulous and wondrously original journey, told with a flair and reverence for detail that captures all the joys, travails and horrors of life across time, place and water. A fabulous book." —Philippe Sands, author of East West Street

“Now that the neoliberal order might move into the rearview mirror, its contours become much clearer. Ian Kumekawa is an excellent guide to this half a century moment in the history of capitalism. By focusing on something small and very local he allows us to see something big and very global: the forging of new inequalities, the retooling of global economic hierarchies, the refashioning of trade and industry, the feverish burning of fossil fuels and the violence and coercions embedded into the neoliberal order supervised by a powerful but recast state. The many-headed hydra of neoliberalism has found its chronicler." —Sven Beckert, author of Empire of Cotton

"The Vessel is an ingenious, marvelous book. Ian Kumekawa has captured the big economic stories of the past half-century in the perambulations of a single ship. His Vessel drifts across the globe from one major upheaval to the next, a floating, steel witness to extraction, mass production, deindustrialization, incarceration, and war. The result is a high seas picaresque through the systems that tie the modern world together." —Henry Grabar, author of Paved Paradise

"A gripping tale—of a floating prison, the worlds of global and offshore capital in which such ships are moored, and the maritime and legal infrastructures that keep such worlds afloat, even amidst the tidal waves of economic and ecological disaster." —Surabhi Ranganathan, Professor of International Law, University of Cambridge

"Ian Kumekawa's tale of the Barge—a floating dormitory built in Sweden for a Norwegian financier, towed successively to the South Atlantic, to Germany, to Manhattan's East River, to Britain's southern coast, and to Nigeria, housing in turn soldiers, drug addicts, prisoners, and migrant workers; continually the object of contending legal regimes and offshore financial opportunities—is an imaginative and beautifully written allegory of the decades of globalization and the fugitive wealth it supported. What an eye-opening read!" —Charles S. Maier, Leverett Saltonstall Professor of History, Emeritus, Harvard University

Empty Vessel is a captivating story—I read it like a detective novel—and at the same time a profound contribution to the history of economic, financial and material life in the contemporary globalized world.” —Emma Rothschild, Jeremy and Jane Knowles Professor of History, Harvard University

"Kumekawa brilliantly traces the history of one vessel to make the historical forces of globalization concrete. A riveting and important read that shows the strange ties between tax havens and trade, prisons and ports. Offshore is more than a concept; it is a place. Kumekawa is the ideal guide to that place and its complicated inner workings." —Heidi Tworek, Professor of History and Public Policy and Canada Research Chair, University of British Columbia

"When the world went on lockdown, Ian Kumekawa took a different tack, tracking a single barge through its journey across the planet. What he discovers is the hidden material life and labor that make the global economy possible. A brilliant, unforgettable tale of our modern times." —Eric Klinenberg, author of 2020: One City, Seven People, and the Year Everything Changed

“Ian Kumekawa’s Empty Vessel, both the book and the accommodation container ship whose checkered history it unfolds, brilliantly illuminates the workings of a global offshore economy that would prefer to remain in the shadows, lingering on the margins of the law, thriving on secrecy, sleight of hand and tax avoidance. By following in the vessels’ wake Kumekawa’s riveting story reveals not just its physical use and functions—as accommodation for British troops, New York prisoners, oil workers, asylum seekers—but explains how the Vessel became an exemplary object caught up in global skeins/schemes of capital and finance.” —John Brewer, Professor Emeritus, Caltech Division of Humanities and Social Sciences

"A compelling voyage in and of itself, taking the reader on a journey around the global economy that illuminates the systemic blind spots of the late twentieth century and early twenty-first century global economy. A trip on a barge that takes you further than you imagined." —Kojo Koram, author of Uncommon Wealth

"If you've ever struggled to understand what terms like "globalisation" or "financialistion" actually mean, Empty Vessel is the book for you. Kumekawa combines in depth research with powerful storytelling to show the reader, in concrete terms, how modern capitalism really works—and how it has changed over the last several decades." —Grace Blakeley, author of Vulture Capitalism

“Incisive . . . A cleverly conceived appraisal of the international economy’s troubled recent history.” Publishers Weekly

"The Vessel is a character, and Kumekawa gives it a voice through first-hand accounts by the people who built, worked, and were incarcerated on it. . . . [He] uses these barges and their voyages as metaphors in a bigger tale of material processes required in global economics, [offering] unique insights on regions from the Caribbean to Africa and how these barges were deployed in strategic and interesting ways.” —Jennifer Adams, Booklist

“A stellar account of a complex offshore world, as seen through the tangled history of a humble barge. . . . Throughout his epic telling, Kumekawa weaves in lucid and eye-opening explanations of the murky worlds of tax havens and loose regulations. The barge is at the heart of it all. The vessel has ‘no motor, no keel, no rudder,’ he writes, but his book has undeniable drive.” Kirkus (starred review)

“A sophisticated allegory for the trend toward a less regulated, more homogeneous world . . . The fate of an object over decades can reveal truths about human activity.” Library Journal

Author

IAN KUMEKAWA is a historian at the Center for History and Economics at Harvard University. He is the author of The First Serious Optimist: A. C. Pigou and the Birth of Welfare Economics (2017), which won the Joseph J. Spengler Prize. He has taught at Harvard and MIT. He hails from Clinton, CT and now lives in Boston. View titles by Ian Kumekawa

Rights

Available for sale exclusive:
•     Canada
•     Guam
•     Minor Outl.Ins.
•     North Mariana
•     Philippines
•     Puerto Rico
•     Samoa,American
•     US Virgin Is.
•     USA

Available for sale non-exclusive:
•     Afghanistan
•     Aland Islands
•     Albania
•     Algeria
•     Andorra
•     Angola
•     Anguilla
•     Antarctica
•     Argentina
•     Armenia
•     Aruba
•     Austria
•     Azerbaijan
•     Bahrain
•     Belarus
•     Belgium
•     Benin
•     Bhutan
•     Bolivia
•     Bonaire, Saba
•     Bosnia Herzeg.
•     Bouvet Island
•     Brazil
•     Bulgaria
•     Burkina Faso
•     Burundi
•     Cambodia
•     Cape Verde
•     Centr.Afr.Rep.
•     Chad
•     Chile
•     China
•     Colombia
•     Comoro Is.
•     Congo
•     Cook Islands
•     Costa Rica
•     Croatia
•     Cuba
•     Curacao
•     Czech Republic
•     Dem. Rep. Congo
•     Denmark
•     Djibouti
•     Dominican Rep.
•     Ecuador
•     Egypt
•     El Salvador
•     Equatorial Gui.
•     Eritrea
•     Estonia
•     Ethiopia
•     Faroe Islands
•     Finland
•     France
•     Fren.Polynesia
•     French Guinea
•     Gabon
•     Georgia
•     Germany
•     Greece
•     Greenland
•     Guadeloupe
•     Guatemala
•     Guinea Republic
•     Guinea-Bissau
•     Haiti
•     Heard/McDon.Isl
•     Honduras
•     Hong Kong
•     Hungary
•     Iceland
•     Indonesia
•     Iran
•     Israel
•     Italy
•     Ivory Coast
•     Japan
•     Jordan
•     Kazakhstan
•     Kyrgyzstan
•     Laos
•     Latvia
•     Lebanon
•     Liberia
•     Libya
•     Liechtenstein
•     Lithuania
•     Luxembourg
•     Macau
•     Macedonia
•     Madagascar
•     Maldives
•     Mali
•     Marshall island
•     Martinique
•     Mauritania
•     Mayotte
•     Mexico
•     Micronesia
•     Moldavia
•     Monaco
•     Mongolia
•     Montenegro
•     Morocco
•     Netherlands
•     New Caledonia
•     Nicaragua
•     Niger
•     Niue
•     Norfolk Island
•     North Korea
•     Norway
•     Oman
•     Palau
•     Palestinian Ter
•     Panama
•     Paraguay
•     Peru
•     Poland
•     Portugal
•     Qatar
•     Reunion Island
•     Romania
•     Russian Fed.
•     Rwanda
•     Saint Martin
•     San Marino
•     SaoTome Princip
•     Saudi Arabia
•     Senegal
•     Serbia
•     Sint Maarten
•     Slovakia
•     Slovenia
•     South Korea
•     South Sudan
•     Spain
•     St Barthelemy
•     St.Pier,Miquel.
•     Sth Terr. Franc
•     Suriname
•     Svalbard
•     Sweden
•     Switzerland
•     Syria
•     Tadschikistan
•     Taiwan
•     Thailand
•     Timor-Leste
•     Togo
•     Tokelau Islands
•     Tunisia
•     Turkey
•     Turkmenistan
•     Ukraine
•     Unit.Arab Emir.
•     Uruguay
•     Uzbekistan
•     Vatican City
•     Venezuela
•     Vietnam
•     Wallis,Futuna
•     West Saharan

Not available for sale:
•     Antigua/Barbuda
•     Australia
•     Bahamas
•     Bangladesh
•     Barbados
•     Belize
•     Bermuda
•     Botswana
•     Brit.Ind.Oc.Ter
•     Brit.Virgin Is.
•     Brunei
•     Cameroon
•     Cayman Islands
•     Christmas Islnd
•     Cocos Islands
•     Cyprus
•     Dominica
•     Falkland Islnds
•     Fiji
•     Gambia
•     Ghana
•     Gibraltar
•     Grenada
•     Guernsey
•     Guyana
•     India
•     Iraq
•     Ireland
•     Isle of Man
•     Jamaica
•     Jersey
•     Kenya
•     Kiribati
•     Kuwait
•     Lesotho
•     Malawi
•     Malaysia
•     Malta
•     Mauritius
•     Montserrat
•     Mozambique
•     Myanmar
•     Namibia
•     Nauru
•     Nepal
•     New Zealand
•     Nigeria
•     Pakistan
•     PapuaNewGuinea
•     Pitcairn Islnds
•     S. Sandwich Ins
•     Seychelles
•     Sierra Leone
•     Singapore
•     Solomon Islands
•     Somalia
•     South Africa
•     Sri Lanka
•     St. Helena
•     St. Lucia
•     St. Vincent
•     St.Chr.,Nevis
•     Sudan
•     Swaziland
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