Shipping companies want piracy readiness scaled back

The shipping companies' faith in the positive developments at the Horn of Africa is growing so much that they are now starting to prepare for a time with a lower threat of piracy, says Risk Intelligence to ShippingWatch.

Photo: IMO

Though the threat is still there, and the Danish Shipowners' Association still warns against slackening the effort, shipping companies have started preparing for a time with a lower threat of piracy off the coast of Somalia.

Risk Intelligence's customers are expressing an increased demand for solutions on how to adapt their readiness to the declining - and now very low - number of pirate attacks off the Horn of Africa. And they would also like to be able to scale it up again, if need be.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

SDK Freja anticipates steep earnings drop following record year

Logistics company SDK Freja, which delivered record financials with great advancement on top and bottom lines, takes a more gloomy view of the current fiscal year due to several ”external factors.” However, the growth target remains the same, CEO tells ShippingWatch.

LNG carriers concerned about increasing ship prices

The price on new LNG vessels has soared vigorously, and for Flex LNG this has meant a withdrawal from the market for new ships. Such was the statement by Flex LNG’s chief exec at Marine Money in New York, where he also announced new long-term charter agreements.

Maersk ships delayed up to three weeks on US east coast

Bottlenecks at major container ports on the US east coast have entailed that Maersk vessels are affected by delays of up to three weeks. It’s a combination of congestion, many ships, and a lack of container space, Maersk says.

Related articles

Latest news

See all jobs