More ship insurers are backing the use of private armed guards on merchant vessels at sea to combat Somali piracy as attacks and the resulting costs are set to rise in coming weeks, industry officials said on Tuesday. Pirate attacks …
Aon Risk Solutions, the risk management business of Aon Corp., has issued its first in depth report analyzing the threat posed by pirates. It points out that with the end of the monsoon season pirate activity usually increases. It also …
Germany plans to lobby other European Union countries to allow the deployment of private armed guards on their merchant ships in high-risk areas as a piracy crisis escalates, ministry officials said. But analysts said the initiative was likely to face …
A report compiled by David Rider of Neptune Maritime Security points out that, despite the “best efforts of the world’s navies and EU NAVFOR in particular, pirate attacks continue in the area off the Horn of Africa- Somalia, the Indian …
London-based Steamship Mutual, a leading P&I Club, announced the imminent launch of its latest Loss Prevention DVD entitled “PIRACY – The Menace at Sea”. The Club described the current piracy situation as a “wholly unacceptable threat to merchant shipping and …
The pirates were nervous. A rookie author – a white man from Canada – had unexpectedly arrived in their cliff-top Somali village to ask about the captured ship anchored offshore. Locals fearing a showdown quietly melted away into a small …
Pirates released a Greek-owned, Liberia-flagged tanker they had seized on Saturday 12.5 miles [20 kms] off the coast of Benin, and all the crew were safe, the vessel’s manager said on Monday. The 11,520 deadweight tonnage vessel Aegean Star, which …
Pirates fired a rocket-propelled grenade (RPG) into a fuel oil tanker near the Yemeni port of Aden on Wednesday morning, but the vessel and its cargo were recovered, the ship manager said. The 26 crew members on board the Brillante …
Maritime security firms have come together to create a code of conduct and ethics, prompted by alarm over the rising number of companies without seaborne experience aiming to cash in on the surge in Somali piracy. Increasingly violent attacks on …
Upstairs in a public house in the town of Poole on the English south coast, 18 men are preparing to take on the pirates of the Indian Ocean. Around antique polished wooden tables scattered with laminated charts, handouts and smart …
