What Can Shippers Do Against Pirate Attacks At Sea?

Piracy-in-the-Gulf-of-Guinea

The shipping industry cannot rely on the navies and traditional law enforcement to protect them from pirate attacks and to hold pirates accountable. Read more on what shippers can do for protection against pirate attacks.




Pirate Ransom Negotiations: Resolving the Paradoxes of Extortionate Transactions with Somali Pirates

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Somali pirates take a very business-like approach to their craft. They attack big ships that can pay. However, after capturing several ships they have learned about what type of ships to target and which ship owner is able or willing to pay ransom money.




Audacious Open-ocean Ambush of Product Tanker in Gulf of Guinea

tanker

A recent piracy attack represents a step change in tactics that could, if repeated, be a game changer in Gulf of Guinea piracy. The pirates made an unsuccessful attempt at boarding a product tanker from the stern, but eventually fell behind as the ship’s master opened the range. Read more inside the article.




Enforcing the Law: An Economic Approach to Maritime Piracy and its Control

Piracy-in-the-Gulf-of-Guinea

Modern day maritime piracy is a world-wide phenomenon that poses a serious threat to international shipping. An economic approach to the control of maritime piracy is based on the general economic theory of law enforcement that views offenders (pirates) as rational decision makers who would respond to threatened punishments.




Are We Sleepwalking Back to Piracy?

piracy in indian ocean

A shift in US foreign policy based both on changes to the threat landscape and improving domestic energy security could lead to an increase in threats to shipping within eighteen months according to David Hunkin of Dryad Maritime Intelligence.