BIMCO and the Somali piracy conundrum
In the fight against Somali piracy, we’ve always been against the arming of merchant ships. Not only is it fraught with risks. It also creates a war-like atmosphere for international shipping commerce, a throwback to the age of buccaneers and freebooters. BIMCO itself, the largest of the shipping associations, is against the idea. The only ones who seem to clamor for the move are gung-ho types such as ex-US Navy men, private security services and exasperated ship owners who can afford the latter. (more…)
