Tag: Gulf of Aden Group Transits
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PMSCs forced to adapt
Falling demand sees a cut-throat market. Maritime guns for hire adapt to changes in sea piracy (Reuters) – Cash-strapped maritime security firms are being forced to use fewer costly elite […]
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Armed Guarding End Game
Collapse of major PMSC causes industry concerns. Armed Guarding End Game What goes up, must come down – especially when a bubble bursts, Which it seems is exactly what is […]
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GoAGT Malta staff ‘left in lurch’
Malta staff busy finding vessels willing to take stranded guards in Djibouti, Mauritius, South Africa and the UAE, to other ports for free. By Matthew Agius A Malta-based, industry-leading and […]
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Anti-pirate security hit by rate plunge
Collapse of PMSC sparks further industry concerns. Anti-pirate security hit by rate plunge Jem Newton A fall in private security rates could raise risks for commercial shipping in the Gulf […]
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PMSC goes bust
Gulf of Aden Group Transits ceases trading. Exclusive: Anti-pirate security staff all at sea after major firm suddenly goes bust By PAUL GALLAGHER, JONATHAN OWEN (Image: Nick Davis, GoAGT) Around […]