SAMI enters liquidation
Industry body shuts shop.
SAMI goes into liquidation after membership halves
The Security Association for the Maritime Industry (SAMI) says it has become a victim of its own success and has gone into voluntary liquidation in the UK due to a fall in membership.
Piracy off the coast of Somali and the Horn of Africa has fallen dramatically since the organisation was founded in April 2011, thanks largely to the carriage of armed guards onboard commercial vessels, as well as coordinated efforts from national navies. This has caused SAMI’s private maritime security company (PMSC) membership to more than halve from its peak of 180 members.
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