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Panos G. Moraitis CEO. 237. incidents. 470. hostages. 8. deaths. 7-12. billion US$. IMPORTANT:. The use of PCASP should not be considered as an alternative to Best Management Practices (BMP) and other protective measures. USING armed PCASP. Pros / Cons.
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237 incidents
470 hostages
8 deaths
7-12 billion US$
IMPORTANT: • The use of PCASP should not be considered as an alternative to Best Management Practices (BMP) and other protective measures.
USING armed PCASP • Pros / Cons • Can be logistically complex • Flag Restrictions • Escalation of Violence • Cowboys • May increase liability exposure • Potential company image impact • 100% Success No Ship Ever Hijacked • Allows Defense if passive SPMs fail • Peace of Mind • Insurance Premium Reductions • Securing Low & Slow Vessels
PROTECTION WITHINTEGRITY
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