Tag: ransom payments

  • Why be a pirate?

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    What are the key piracy drivers? Why be a pirate? Understanding motivations for piracy Zamzam Tatu, M&C Saatchi World Services, Kenya Following primary research recently conducted at Montagne Posse Prison, Seychelles, […]

  • No-ransom policy doesn’t keep us safe

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    Michael Scott Moore discusses US ransom policy. Ex-hostage: No-ransom policy doesn’t keep us safe Tyler Pager, USA TODAY WASHINGTON — Michael Scott Moore said it took his Somali pirate captors […]

  • The ransom riddle

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    We’re banning paying ransoms to terrorists – but what about pirates? By Ioannis Chapsos The UK home secretary, Theresa May, has introduced the new Counter-terrorism and Security Bill, which will be considered […]

  • Piracy, Kidnap & Ransom

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    A closer look at the UK’s new laws. Piracy, Kidnap & Ransom: UK Bans Ransom Payments by Insurers On 26 November 2014 the British Home Secretary introduced the Counter-Terrorism and […]

  • Somalia: Three Britons released

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    According to the BBC, Somalia has pardoned the three Britons caught bringing over £2m in cash into the country to pay a ransom to Somali pirates. The three individuals, together […]

  • Huge Rise

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    Ransom payments to Somali pirates have risen 36-fold in the past five years, averaging $5.4 million per ship. As a result, raids on tankers navigating the Strait of Hormuz are […]

  • Propaganda Slammed

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    The Government of Puntland State of Somalia has categorically rejected press reports that it claims are “propaganda”. The FT report, entitled “Britons held as ransom drop goes wrong,” insinuated that […]

  • Deploring The Pirates

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    The International Chamber of Shipping, ITF, Indian National Shipowners’ Association, NUSI, MUI, IMEC, InterManager, Intertanko and BIMCO deplore the latest development in the Indian Ocean piracy crisis as some Indian […]

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