Wednesday, February 16, 2011

Shipping changes stance on armed guards

The International Chamber of Shipping (ICS) has decided to clarify its stance on the use of private armed security guards to defend merchant ships against attacks by Somali pirates. "ICS has had to acknowledge that the decision to engage armed guards, whether military or private, is a decision to be made by the ship operator after due consideration of all of the risks, and subject to the approval of the vessel’s flag state and insurers,” explained ICS Chairman, Spyros M Polemis.

“The consensus view amongst shipping industry associations remains that, in normal circumstances, private armed guards are not recommended, and are a clear second best to military personnel;however, in view of the current crisis in the Indian Ocean - with over 700 seafarers held hostage and, most recently, a seafarer being executed - ship operators must be able to retain all possible options available to deter attacks and defend their crews against piracy. Many shipping companies have concluded that arming ships is a necessary alternative to avoiding the Indian Ocean completely, which would have a hugely damaging impact on the movement of world trade.

ICS also advised that the shipping industry would meanwhile be looking at all possible options, including alternative routes, which it claimed could have a very dramatic effect on transport costs and delivery times.

“Piracy is already estimated to cost the global economy between US$7-12 billion per year,” added an ICS statement. “If increasing numbers of ships decide to divert around the Cape of Good Hope, this will almost certainly have a major impact on inventories and costs throughout the whole supply chain and, most particularly, on the cost of oil;it could also greatly damage the economies of Africa and the Middle East at this very politically delicate time.”
Source: http://www.bairdmaritime.com

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