“Evolution and impact in the worldwide economy”
The first International Conference of Maritime Anti-Piracy in Panama, seeks to do an analysis about the main areas that are affected by maritime piracy. The event will be held on Thursday, September 24 at the Sortis Hotel, Colibrí Hall, at 8 a.m. expecting the participation of various local, regional and international delegates in representation of diverse entities and recognized organizations like shipping agencies, insurance, law firms, marinas, port [...]
By Josh Meyer
The US State Department recently announced that it will send a senior official, Tom Kelly, to the Bahamas to formally strengthen bi-lateral cooperation on global counter-piracy.
At first glance the report seemed a bit odd, seeing that the so-called Pirates of the Caribbean haven’t commandeered a ship in those waters for a couple of centuries.
However, the reason is that the Bahamas is one of the countries often chosen for registering and [...]
Piracy is just as alive today as it was in the distant past
Ship owners risk crew and cargo every time they send their vessels to certain parts of the world, such as the Gulf of Aden, the Malacca Strait, South America and West and East Africa.
Pirates took in an estimated $160 million in ransom last year, and one study predicts the number will climb to $400 million by 2015.
Twenty-two hostages seized by pirates nearly three years ago have been freed from the Panama-flagged “MV Iceberg One”. The BBC was informed by authorities in Somalia’s semi-autonomous region of Puntland that their maritime force began the operation to free the hostages – and their ship – nearly two weeks ago. The hostages were reportedly showing signs of having suffered physical torture and illness.
Local pirates may soon need to find a new line of work, as the International Police (Interpol) have joined an Asian regional maritime security forum in an effort to step up security in regional waters.
Interpol signed an agreement with the Information Sharing Center-Regional Cooperation Agreement on Combating Piracy and Armed Robbery Against Ships (ISC-ReCAAP) in Asia, the Indonesian Maritime Security Center (Pikmi) said in a statement.
Pikmi head Mohammad Yasin said that the agreement [...]