Piracy Cost & Solutions on Agenda at Upcoming Capetown Summit

MarineLink.com
Wednesday, November 13, 2013
Pirate photo courtesy of EUNAVFOR

Some 600 maritime and naval experts are to meet in Cape Town from 25-27 November, 2013, to discuss the price of piracy in Africa and the institutional and technical solutions available during the annual Maritime & Coastal Security Africa conference and exhibition. It is the largest maritime defence and security event on the continent, say the organisers.

What does poor maritime security cost each year?

  • Piracy off the Horn Of Africa costs the industry approximately $7-$12 billion per year
  • Piracy off West African coastline has escalated dramatically in the past year, costing the shipping and offshore industry $1.2 billion in past year
  • 851 seafarers attacked and pirates are currently holding 589 hostages
  • Illegal fishing off the African coastline is costing the industry approximately $1 billion per year

African navies restructuring long-term strategies
Says event producer Tracey-Lee Zurcher: “The high profile of Somali piracy and the gross proliferation of piracy in West Africa over the past year have brought the issue of African maritime security to the attention of world leaders. In a response to this, African navies are restructuring their long-term strategies to include frequent littoral maritime patrols in high risk piracy zones. Over and above the proactive response from the African maritime defence industry, shipping companies, the oil and gas sector and high-traffic African ports are also actively taking precautions.”

Securing African sea and trade lanes
The South African Navy, as one of the leading navies in Africa, as well as top economic contributors, Nigeria, Angola and Ghana, have formally endorsed the Maritime & Coastal Security Africa conference and exhibition once again.

Says Tracey-Lee Zurcher: “South Africa and their maritime neighbours are all actively setting out acquisition requirements to procure inshore and offshore patrol vessels, which are the most cost-effective patrol solutions and are easier to navigate in shallow waters when pursuing high-speed targets in an asymmetrical warfare scenario, such as piracy. Leading military suppliers including Saab, DAMEN, Denel, Abeking & Rasmussen, Barloworld Power and Selex are in attendance at the expo in Cape Town to display their technology and services.”

Event dates and location:
Conference and expo: 25-27 November 2013
Site visit: 27 November 2013
Location: CTICC, Cape Town, South Africa

Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Decade Old India Shipping Summit Makes History

In ten years, India Shipping Summit held consistently in Mumbai, has sailed on a robust growth course despite the worldwide witnessing recessionary waves buffeting any endeavors to grow and gain.

Liebherr to Deliver RTGs to Mayotte and Manila

Liebherr confirms orders for variable speed RTGs and electric RTGs. DPWorld Asian Terminals Inc. has placed an order with Liebherr Container Cranes for a further 5 RTGs at its Manila facility.

U.S. Navy Contracts 12 Rapid Response Skimmers

Kvichak Marine won a US Navy contract for 12 30-ft.Rapid Response Skimmers (RRS) for delivery over the next 18 months, with options for up to 30 additional skimmers to be delivered through 2019.

Navy

Navy to Commission Submarine North Dakota

The Navy will commission its newest attack submarine North Dakota, during a ceremony Saturday, Oct. 25, 2014, at Submarine Base New London in Groton, Connecticut.

US Navy CNO: Photo of the Day

Chief of Naval Operations (CNO) Adm. Jonathan Greenert receives a system update brief in the combat information center aboard the Arleigh Burke-class guided-missile

U.S. Navy Contracts 12 Rapid Response Skimmers

Kvichak Marine won a US Navy contract for 12 30-ft.Rapid Response Skimmers (RRS) for delivery over the next 18 months, with options for up to 30 additional skimmers to be delivered through 2019.

Finance

Areva-Siemens Raises Claim Over Finnish Reactor Delays

The French-German consortium Areva-Siemens , the supplier of Finland's much-delayed Olkiluoto-3 nuclear reactor, has increased its claim against Finnish utility Teollisuuden Voima (TVO),

Ezra Bags $70m in Offshore Contracts

Ezra Holdings Limited, a leading contractor and provider of integrated offshore solutions to the oil and gas industry, today announced that the Group’s Subsea Services division,

WFW Advises ING Bank on $340m Loan Facility for Euronav

Watson, Farley & Williams (WFW) has advised ING Bank N.V. (ING) as sole bookrunner and facility agent for a syndicate of banks on a $340 million loan facility made available to Euronav NV.

Maritime Security

USCG to Ensure Safety During World Series

The Coast Guard and local agencies are working to ensure the safety of boaters and baseball fans during World Series games at AT&T Park this weekend. The

Navy to Commission Submarine North Dakota

The Navy will commission its newest attack submarine North Dakota, during a ceremony Saturday, Oct. 25, 2014, at Submarine Base New London in Groton, Connecticut.

UN: Ship Inspections near Somalia for Arms, Charcoal

The United Nations Security Council authorized the inspection of boats suspected of carrying illegal shipments of charcoal or weapons to and from Somalia on Friday,

 
 
Maritime Security Navigation Pipelines Port Authority Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1872 sec (5 req/sec)