Overseas Civilian Contractors

News and issues relating to Civilian Contractors working Overseas

Firms plan private war against pirates

UPI.com Security Industry  April  26,2011

MOGADISHU, Somalia, April 26 (UPI) — International naval forces are expected to step up operations against Somali pirates but private security companies are seeking to provide armed escorts for merchant ships to counter the pirates’ expansion into the Indian Ocean.

The leading British insurer Jardine Lloyd Thompson is organizing a fleet of 18 gunboats to shepherd convoys of vessels across the Gulf of Aden, which runs into Arabian Sea and Indian Ocean, vital trading and oil routes now under increasing threat.

The project is known as the Convoy Escort Program, was conceived several months ago by Jardine Lloyd Thompson, which insures around 15 percent of the world’s maritime cargo ships.

It is working with the London security firm BTG Global Risk Partners. Its founder, Liam Morrissey, a former major in the Canadian army, is the principal consultant.

Although business sources say much of the funds to finance the program have been secured, the CEP has not yet been approved by the European Union.

Jardine Lloyd Thompson has been seeking to get other maritime insurance companies, as well as major shipping lines, to support the project.

If the project comes together, CEP could be operational this year, say insurance sources in London.

Please read the entire article here

April 26, 2011 - Posted by | Africa, Civilian Contractors, Pirates | , , , , ,

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