Coast guard authorities of nations in the area around the Strait of Malacca, where three crew members of the Japanese tugboat Idaten were abducted last week, are ill-equipped to fight sea piracy. In addition, shipping companies distrust naval authorities, instead seeking to resolve piracy cases through negotiations and paying ransom. Many of the firms are insured against such cases.
Green Marine
about 21 years ago
Shipping firms go it alone as antipiracy enforcement flounders
Coast guard authorities of nations in the area around the Strait of Malacca, where three crew members of the Japanese tugboat Idaten were abducted last week, are ill-equipped to fight sea piracy. In addition, shipping companies distrust naval authorities, instead seeking to resolve piracy cases thro
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