The effect of maritime piracy on greek shipping
This presentation is the property of its rightful owner.
Sponsored Links
1 / 17

The Effect of Maritime Piracy on Greek Shipping PowerPoint PPT Presentation


  • 105 Views
  • Uploaded on
  • Presentation posted in: General

The Effect of Maritime Piracy on Greek Shipping. Samiotis George, Psarrou Vasileia, Pazarzis Michael and Tselentis Vasilis Dept. Maritime Studies, University of Piraeus, Piraeus - Greece. Methodology. Questionnaires to Greek maritime companies.

Download Presentation

The Effect of Maritime Piracy on Greek Shipping

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


The effect of maritime piracy on greek shipping

The Effect of Maritime Piracy on Greek Shipping

Samiotis George, Psarrou Vasileia, Pazarzis Michael and Tselentis Vasilis Dept. Maritime Studies, University of Piraeus,

Piraeus - Greece


Methodology

Methodology

  • Questionnaires to Greek maritime companies.

  • Sent 100, received 35 and our research is on going.

  • Personal interviews.

  • Management of pirate incidents, complying with BMP4 and use of armed guards, Humanitarian response.


Our aim

Our aim…

Analyze the phenomenon of piracyand the cost imposed on maritime companies.

Social awareness.

Compile measures for tackling piracy and evaluate effectiveness.


Managing countries whose ships were attacked 2012

Managing Countries whose ships were attacked (2012)


Maritime piracy

Maritime Piracy

  • The most modern and organized form of highly a growing & profitable criminal "business" activity.

  • Pirate attacks occur around the world : Seas surrounding Somalia, Indonesia, the Philippines, the West Coasts of Africa and Southwest America.

  • The Gulf of Guinea accounted for 427 of the 1434 attacks in African waters between 2003 and 2011.


Total attacks worldwide may 2013

Total attacks worldwide (May 2013)


Somalia

Somalia

Decline of Somali attacks 2012 – 2013.

In 2011, pirates earned $146m ($111 in 2010), an average of $4.87m per ship, from ransom paid by shipping firms.

However, IMB states that policing and interventions by international navies are deterring pirates, along with ships employing Best Management Practices (IMO), including the use of armed guards and other onboard security measures.


Ransoms paid out to somali pirates

Ransoms paid out to Somali pirates


The effect of maritime piracy on the shipping industry

The effect of maritime piracy on the shipping industry


Ship type as a target for a pirate attacks 2012

Ship type as a target for a pirate attacks(2012)


Cost burdens greek companies

Cost burdens Greek companies

  • Insurance cost

  • Re – Routing cost

  • Cost of Deterrent security equipment

  • Wages of security guards

    The costs incurred by maritime piracy are expected to be high for Greek shipping companies, since they represent 16,3% of world tonnage.


Cost burden to greek companies

Cost burden to Greek companies

  • Piracy increased running costs, affecting competitiveness by increasing freight rates.

  • Increased insurance premiums covering the welfare of seafarers, cargo and the vessel.


Measures

Measures

  • Use of armed guards.

  • Almost all the maritime companies employ guards.

  • The majority of shipping firms implement Best Management Practices (BMP4).

  • Better management crew training on adopted measures.


Reasons for somalia piracy

Reasons for Somalia piracy


Conclusions

Conclusions

Greek maritime companies:

  • Use of armed guards and simultaneously complying with BMP4.

  • Greater cost for companies:

    Insurance cost

  • Costs are “considerable” (46%) and high (9%). 45% answered that costs were little or none.

  • Most firms state that deployment of armed guards and BMP4 implementation, are very effective.


Conclusions cont d

Conclusions cont’d

85% of all maritime firms state that maritime piracy has a serious effect on the shipping industry

Some differentiation is seen in the ship type as a target for a pirate attacks, compared to the world wide picture

Maritime firms agree that pirate attacks in Somalia are diminishing, however there are already 100 incidents in 2013 (Somalia 6 (1 hijack) BUT in Nigeria 19 incidents)Pirates – collaborators and international interests are restructuring, investing in new technology and will strike again, in other parts of the world, not necessarily only in Somalia.


Thank you for your attention

Thank you for your attention


  • Login