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Piracy costs the international economy up to $12Bn/year

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  • Piracy costs the international economy up to $12Bn/year

    http://oneearthfuture.org/index.php?id= ... cy_Project
    Emeritus Admin & Founding Member

  • #2
    Re: Piracy costs the international economy up to $12Bn/year

    Why do people pay ransoms? Why do governments let them? Are governments unwilling to send in Special Boat Service or similar groups to rescue hostages? Just like the Americans did when the Alabama and it's captain were kid napped. Is this a good reason not to have a Flag of convenience? For example will the British government not act if a ship isn't British flagged even though its owned by a British company or crewed by Brits?

    Sorry to ramble on so much

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    • #3
      Re: Piracy costs the international economy up to $12Bn/year

      1) Ransoms are paid because ship owners want their ships and cargo back for the financial value. They are generally insured against piracy, especially if sailing on routes affected. Insurance premiums reflect this. Other than pay a ransom, how can they legally regain control of their ship?

      2) There are no laws against paying ransoms. Outlawing the payment of ransom would, I think, be one of the most effective measures we could take against piracy, but combined with other measures. There would be some risk of ships reflagging to states that did permit ransoms if this was enacted on its own.

      3) Yes, they are generally unwilling. Pirates don't kill crew if they can avoid it, on the basis that current political view is that if they don't kill people, we don't send in SF. "Just like the Americans" - not quite what happened. It wasn't a full-scale SF assault on the ship, it was a sniper shot into a lifeboat when the opportunity presented. Governments are highly casualty averse, especially as regards civilian Merchant ship crews and military SF personnel. Not quite so fussed about the pirates, but it is not PC and "human rights" to be hanging pirates from the yardarm these days. My view is that in combination with outlawing ransom payments, every hijacked ship should be retaken by military forces, casualties amongst all parties accepted as the price of suppressing piracy.

      4) If a ship is not British flagged then the British government has no legal rights or responsibilities with respect to it. It is a matter for the flag state. If a British shipowner desires the protection of the British state for his vessel then he should register it in the UK. Likewise if you as a crewmember desire that protection you should work on a British flag vessel.

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      • #4
        Re: Piracy costs the international economy up to $12Bn/year

        It does seem like the world's too soft on piracy. They should be treated the same way as a bunch of guys who walk in to a bank with guns. There would be no talk of paying them off. The building would be surrounded by armed police who would try to talk them out and if that didn't work they would be shot. Why is it any different if it happens at sea?

        On a side note maybe Hollywood should take a share of the blame. They glorify pirates in public perception more than any other criminal. I mean can you imagine watching a cheerful Disney romp called Terrorists of Afghanistan or Drug Lords of Columbia.

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