Contract Killer

BIMCO has announced the creation of a standard contract for the private maritime security industry.

The new contract, which is expected to be launched in 2012 will provide what has been touted as a “a much-needed benchmark on which to judge PMSCs.” However, it has been stressed that this is no cure all for a new industry which has wrestled with its reputation.

http://goo.gl/mzqN0

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Tags:  BIMCO, maritime news, maritime piracy, Maritime Security, PMSC, private security for ships, private security on ships