pi_circular Geopolitical riskOperational risk London P&I Club
Search for ships currently entered in the London P&I Club by their name or I M O number Search Search for correspondents in our global network by country/area or port/city Search Updated Best Management Practices to Deter Piracy in the Gulf of Aden and off the Coast of Somalia 1 July 2010 The industry developed Best Management Practice (BMP) guidelines for reducing the risk of capture by Somalian pirates has recently been updated and the new guidelines (Edition 3) as attached. These guidelines are clearer than the previous version in a number of respects, but the main difference includes acknowledgement of their applicability to the Indian Ocean. They also offer some guidance to crew in circumstances where pirates have achieved strategic control of a ship. Along with other industry bodies, the IG firmly recommend that Members pay close attention to the BMP when preparing a ship for transit through an area where the risk of attack by pirates exists. There are two reasons for doing so: 1. Capture Avoidance 2. Reducing exposure to claims Capture Avoidance The BMP contains advice which can reduce the risk of seizure. The Naval Authorities support the view that effective implementation of the BMP materially reduces that risk. Reducing exposure If despite best efforts, a ship is captured, claims may arise from: Crew for loss of personal effects, for physical injury and in certain cases, trauma. Cargo a) Loss, depreciation or delay b) Contested contributions to any ransom payment or associated expenses (through GA) Charterers off-hire A Members ability to resist any of the above claims will substantially turn on their ability to demonstrate that they took reason
Updated Best Management Practices to Deter Piracy in the Gulf of Aden and off the Coast of Somalia
London P&I Club
Read full article at London P&I Club →
Opens London P&I Club in a new tab