“Soaring insurance premiums and the threat to crews have forced shipowners to change their ways. Ships have been made harder to attack by a range of measures known as BMP, or best management practice. They cruise faster and practise evasive manoeuvres. More than a quarter of vessels now carry armed security guards. The shipping industry used to oppose this, fearing that armed guards would escalate violence. But not a single vessel with guards has been boarded. Usually a warning shot is enough to deter the pirates. Lieut-Commander Sherrif says: ‘The pirates go to sea to make money, not die in a firefight.’”
Better deterrents put Somali pirates’ business under strain
- Post author:The Freedom Watch Staff
- Post published:November 18, 2012
- Post category:Network Archives
Tags: Anarcho-Capitalism, Bankocracy, CLibertyC, constitutional liberty coalition, economic Trends, for life and liberty, free market, Mainstream News, Pirates and Emperors, Resistance, security, sound money, The Freedom Watch
The Freedom Watch Staff
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