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Intertanko Diversions - Piracy

Maritime Activity Reports, Inc.

November 21, 2008

Intertanko and its members stated that they abhor the rapidly escalating piracy situation off the coasts of Somalia and are extremely concerned for the safety of all seafarers and for the ability to deliver cargo safely.

Following a meeting this week of its governing Council, Intertanko is fully supportive of the many tanker operators who have declared their intention to avoid the area off Somalia’s coasts and in the Gulf of Aden, and to sail instead via the Cape of Good Hope and East of Madagascar. Intertanko said it fully appreciates their reasons for reaching such a decision. Understandably many more members are now considering similar action.

Intertanko’s concern remains for the safety of seafarers and for the lack of effective naval protection. The company said the industry needs immediate action from governments to protect these vital trade lanes - robust action in the form of greater naval and military support with a clear mandate to engage, to arrest pirates and to bring them to trial.

(www.intertanko.com)

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