Armed Rise

Shipping companies are being forced to use armed guards, after record numbers of attacks last year added $2.4 billion to costs.

About 20 percent of ships in the Indian Ocean and Gulf of Aden will use armed guards within the next 18 months, up from 12 percent.

The IMO, will likely approve security vetting procedures this week, paving the way for their increased use.

Previous Article
Next Article

Leave a Reply

Your email address will not be published. Required fields are marked *