Tag Archives: piracy

‘Protection from Piracy Comes at a Price’

Following moves to allow private security firms to protect German merchant shipping against piracy off the Horn of Africa, some state governments are demanding that police officers and soldiers be used to guard vessels. German commentators say the onus is … Continue reading

Posted in Featured | Tagged | Leave a comment

Cost of ship insurance is soaring (1)

The cost of insuring container ships to travel through high-risk trading routes off the coast of Somalia has soared in the past year thanks to pirate attacks. Marcus Baker, head of the marine practice at Marsh, the insurance broker, said … Continue reading

Posted in Featured | Tagged , | 6 Comments