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You are here: Home → Archive → 2009 → May → Weekly Edition 28th of May 2009 → Pirates’ greater firepower raises stakes for owners and insurers

Pirates’ greater firepower raises stakes for owners and insurers

by Lloyd's List DCN — last modified Jun 02, 2009 11:45 AM

Potential use of missiles and grenades is adding to the complexity of the risk environment

David Osler - Friday 29 May 2009

SOMALI piracy could escalate through the use of lethal weaponry, as pirates flush with ransom payments invest in surface-to-air missiles and other deadly hardware, a BIMCO specialist warned an industry audience...

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