Ship Management Presentation

PiracyPiracy- recent developments - recent developments and its impact on merchant and its impact on merchant shippingshipping

WhereWhereis this happening?is this happening?

WhyWhyis this happening?is this happening?

WhoWhoare being targeted?are being targeted?

Low and slowLow and slow

The ultimate targetThe ultimate target

WhatWhatcan be donecan be done

CountermeasuresCountermeasures

ExplosiveExplosive situation situation

FireFire

How oftenHow often

Piracy is increasingPiracy is increasing

AttacksAttacksHijackingsHijackings

20092009

Other Other factorsfactors

MothershipsMotherships

Stormy weatherStormy weather

Time of dayTime of day

98%98%98%98%

2%2%

RansomRansom

$$ 200 200 millionmillion

HijackingHijackingtakes timetakes time

RiskRisk

RiskRiskProbability × ConsequenceProbability × Consequence

RiskRisk0,003 × 1.500.000 × 20 times a year0,003 × 1.500.000 × 20 times a year

RiskRisk$ 4.500 per ship per passage$ 4.500 per ship per passage

BIBINARYNARY

Why take the risk…?Why take the risk…?

NavyNavy

EU NAVFOREU NAVFOR

www.mschoa.euwww.mschoa.eu

YesterdayYesterday

$ 50$ 100$ $ 50$ 100$ 5$ 2005$ 200

Kalashnikov:RPG:Pirate Kalashnikov:RPG:Pirate Flag:Speedboat:Flag:Speedboat:

Being dumb enough to attack a Being dumb enough to attack a navy ship:navy ship:

PRICELESSPRICELESS

BustedBusted

ConclusionConclusionWhat will the future bring?What will the future bring?

Is the end in sight?Is the end in sight?

Questions?Questions?

Thank youThank you