Industry Sector
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Security Pool
The Indian Government has decided to allow deployment of armed guards – preferably retired naval officers – on board Indian cargo vessels sailing on the pirate-infested waters of the Indian Ocean, […]
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Price Hike
Due to the continued piracy activities off the coast of Somalia and surrounding waters and the associated increase in insurance costs on the vessels to East Africa. MSC will implemented […]
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Plane Crazy
On May 6th, an Indian Tu-142M recon aircraft buzzed Somali pirates that were attacking a Chinese cargo ship. The huge (50 meter/167 foot wingspan, four engine) aircraft had the desired […]
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Naval Gazing
The US Navy has developed advanced software that flags high risk pirate attack zones. The programme takes weather, known pirate locations, vulnerable shipping routes and past history into consideration. Thousands […]
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Mother Mandate
Leading shipowners have called for navies to be given a firm mandate to immobilise pirate motherships used to launch attacks on commercial shipping vessels. Owner associations the International Chamber of […]
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Trade Alert
One of the world’s leading shipping economists has set his sights on piracy. Dr Martin Stopford of Clarksons believes that the world’s economic growth is being held to ransom by […]
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Somali Blockade
The African Union has confirmed that the United Nations is actively considering an air and sea blockade of Somalia but gave no indication if a decision was imminent. The AU […]
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Sad Death
The master of a hijacked UAE ship has died of a brain haemorrhage. Captain Kumar suffered a stroke in captivity onboard “RAK Afrikana”, which pirates abandoned after reportedly receiving $1.2m. […]
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African Union
Indian Prime Minister Manmohan Singh has embarked on a six-day visit to Ethiopia and Tanzania to inject a fresh impetus in India’s strategic ties with African countries and discuss ways […]