Security

Marshall Islands Adopts New Standards for PMSCs

From our friends at MarineLink.com who did an excellent job of summarizing the RMI Marine Notice MN-2-011-39 Piracy Armed Robbery and the Use of Armed Security (Updated)

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The Compact of Free Association hits the news

Under Title III, Article 1, Section 311 of the U.S.-Republic of Marshall Islands Compact of Free Association, the U.S. has full authority and responsibility for security and defense matters in or relating to the Marshall Islands.

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Cyprus DMS updates list of approved private ship security contractors

The Department of Merchant Shipping has published an updated list of approved private ship security contractors in accordance with Section 84 of the Protection of Cyprus Ships Against Acts of Piracy and Other Unlawful Acts Law 2012.

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Seagull Maritime breaks barrier with training center approval from Panama registry

Last week, the Panama Maritime Authority (PMA) approved Seagull Maritime Security’s security program for its employees, granting them approval for offering a suite of computer-based, on-board training programs to ships operating under Panama’s flag.  The PMA performed rigorous due diligence on Seagull Maritime’s training process before waving the green flag.

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ISO Concludes Second Meeting on Armed Guard Regulations

The International Organization for Standards completed its meeting addressing the draft regulations for the use of armed guards onboard vessels.

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Panama to Require Accreditation for PMSCs

Panama has adopted legislation that require private military security companies to meet requirements to served onboard its vessels by January 3, 2013.

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Specialists outline difficulties in establishing uniform armed guards standards

Maritime lawyers have discussed the challenges in developing and enforcing a uniform set of standards for the use of armed guards to counter piracy.

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Iran Sanctions: U.S. Bans Foreign Subsidiaries of U.S. Companies from Doing Business with Iran

Jonathan Epstein of Holland and Knight outlines the most recent United States Executive Order and its impacts on global corporate activity.

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Piracy Winding Down?

The Associated Press has recently written, the "Party appears to be ending for Somali pirates" as shipping companies fight back with private security personnel and military intervention, but whether that proves true ultimately has yet to be determined.

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Private Security Firm Calculates Economic Cost of Piracy

Managing director of private security firm Protection Vessels International (PVI) Eric Conway has published the paper "Calculating the Cost of Piracy" - a cost which affects flag states.

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