Tag: Piracy
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Death Penalty
To escape execution, Malaysian prosecutors have offered seven suspected Somali pirates charged with offences that carry the death penalty the chance to admit lesser crimes Malaysia offers pirate suspects no execution […]
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Security for a Fee
In a somewhat ironic following of Italy’s example, the Indian Central Industrial Security Force is to provide armed personnel aboard Indian merchant ships for a fee. CISF ready to secure ships […]
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Party Over?
Most piracy experts agree that it’s too early to declare victory, however, the numbers are startling: in 2010 pirates seized 47 vessels, so far this year only 5 Somali pirates’ […]
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Drop in Premiums
Commercial shipping lines have lowered their premiums following suppressed piracy off the coast of Somalia, raising the hopes of consumers for cheaper commodities. Drop in shipping premiums heralds cheaper import […]
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Insurers Face Trouble
A dramatic fall in pirate attacks off the Somali coast is forcing down the cost of piracy insurance for commercial ships, taking the shine off a fast-growing and lucrative market […]
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Counter-Piracy Commitment
EU NAVFOR Operation Commander Rear Admiral Duncan Potts met with President James Michel during his visit to the Seychelles, confirming the importance of the Seychelles in the fight against piracy […]
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Violence Escalates
In it’s most recent piracy report, One Earth Future Foundation has stated that 10% of hostages on hijacked vessels experienced extreme torture including starvation and simulated drowning Somali Pirate Hostages […]
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MV Maersk Alabama
MV Maersk Alabama has fallen prey to Somali pirates almost five times over the past two years. On four occasions, buccaneers were prevented from taking the vessel and its crew […]
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Business Booms
For now, at least, the maritime security firms and their armed guards appear to be winning the war on piracy — and earning millions. Pirate Attacks Down as Private Maritime […]
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Silver Lining
According to a report released on August 12, the maritime security business in the Indian Ocean is booming as ships turn to private military security companies (PMSC) to help in the […]
