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The Effect of Maritime Piracy on Greek Shipping海上海盗对希腊航运的影响
The Effect of Maritime Piracy on Greek Shipping Samiotis George, Psarrou Vasileia, Pazarzis Michael and Tselentis Vasilis Dept. Maritime Studies, University of Piraeus, Piraeus - Greece Methodology Questionnaires to Greek maritime companies. Sent 100, received 35 and our research is on going. Personal interviews. Management of pirate incidents, complying with BMP4 and use of armed guards, Humanitarian response. Our aim… Analyze the phenomenon of piracy and the cost imposed on maritime companies. Social awareness. Compile measures for tackling piracy and evaluate effectiveness. Managing Countries whose ships were attacked (2012) Maritime Piracy The most modern and organized form of highly a growing profitable criminal business activity. Pirate attacks occur around the world : Seas surrounding Somalia, Indonesia, the Philippines, the West Coasts of Africa and Southwest America. The Gulf of Guinea accounted for 427 of the 1434 attacks in African waters between 2003 and 2011. Total attacks worldwide (May 2013) Somalia Decline of Somali attacks 2012 – 2013. In 2011, pirates earned $146m ($111 in 2010), an average of $4.87m per ship, from ransom paid by shipping firms. However, IMB states that policing and interventions by international navies are deterring pirates, along with ships employing Best Management Practices (IMO), including the use of armed guards and other onboard security measures. Ransoms paid out to Somali pirates The effect of maritime piracy on the shipping industry Ship type as a target for a pirate attacks (2012) Cost burdens Greek companies Insurance cost Re – Routing cost Cost of Deterrent security equipment Wages of security guards The costs incurred by maritime piracy are expected to be high for Greek shipping companies, since they represent 16,3% of world tonnage. Cost burden to Greek companies Piracy increased running costs, affecting competitiveness by increasing freight rates. Increased insurance premiums covering the welfa
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