Industry News & Tips


April 08, 2011

Gene Horton



Some of the world’s most influential maritime organization have created a campaign to raise awareness regarding the social and economic cost of piracy and urge international government to take a firmer stand against increasing Somali pirate activity in the gulf of Aden and Indian Ocean.

 The campaign ,called save our seafarers, come in wake of escalating violence against mariners, including the murder of four Americans aboard a private yacht and a recent hijack of yacht with a Danish Family, including three teenage children.

The organization involved include The International Transport Workers Federation(ITF),BIMCO, International Chamber of Shipping, INTERTANKO and Intercargo .

To save our seafarers campaign hope to raise awareness of piracy through a use of its website, social media, including Facebook and Twitter and a letter writing campaign. You can send a pre-formatted letter to your respective head of state through the website.

The letter calls on government to:

·          Reduce the effectiveness of the easily identifiable mothership.

·          Authorize naval forces to hold pirates and deliver them for prosecution and punishment.

·          Increase naval assets available in this area.

·          Provide greater protection and support for seafarers.

·          Trace and criminalize the organizers and financier behind the criminal network.

According to an economic impact analysis by oceans beyond piracy, a Project of the one earth foundation, the costs of piracy in 2010 to the Global economy were between $7bilion to $12 billion. The analysis factors In ransom costs, insurance premium, cost of naval forces and security equipment, re-routing of ships, prosecutions, anti piracy organization cost to regional economies.

The one earth foundation is a private organization formed by Marcel Arsenault, A real state investor and chairman, CEO and founder Colorado & Santa Fe.