1010thth Maritime Maritime Conference Conference

Navigator 2011Navigator 2011

99thth November, 2011 November, 2011ATHENSATHENS

George A. TsavlirisGeorge A. TsavlirisPrincipal, Tsavliris Salvage GroupPrincipal, Tsavliris Salvage Group

Piracy Piracy The Convoy Escort The Convoy Escort

ProgrammeProgramme

1.1. The $ 12 billion per annum The $ 12 billion per annum industry of the 21industry of the 21stst century century

2.2. Government support?Government support?

3.3. The tragic experiences of the The tragic experiences of the Seafarers involved in PiracySeafarers involved in Piracy

4.4. Armed Guards: Yes – Armed Guards: Yes –

but where will this lead to?but where will this lead to?

5.The Al-Qaeda factor5.The Al-Qaeda factor

The presence of Shabab in The presence of Shabab in Somalia..Somalia..

The Kenyan invasion of The Kenyan invasion of Somalia..Somalia..

Is there a hidden agenda?Is there a hidden agenda?

6.6. Political interventionPolitical intervention - -

• The theory behindThe theory behind “do not “do not interfere”interfere”

• The theory behindThe theory behind “support the “support the pirates”pirates”

• The theory behindThe theory behind “do interfere”“do interfere”

7.7. Is it getting worse?Is it getting worse?

8.8. The alternative solutionsThe alternative solutions

9. Convoy Escort Programme

Withdrawal of Naval support…

Now what?

10.Risk management for shipping

Somali piracy risk is escalating.

•Development of a commercial convoy escort service

•Offer a reduction in War Risk Additional Premiums (WRAP)

•Working with established maritime charities

•CEP goal is prevention.

11.Convoy Escort Programme (“CEP”)

12.Participating organisations

JLTASCOT UNDERWRITINGBOWCLIFFEBTG Global Risk PartnersCYMEPA

DOBSON FLEET MANAGEMENT GRIFFIN UNDERWRITINGHOLMAN FENWICK WILLANINCE & Co.MARKETFORMMOORE STEPHENSMST

OFFSHORE SHIPBROKERSRSATHE MISSION TO SEAFARERS

•Aiming to provide support for around 460 vessels a month

•Use of 18 fast patrol boats

•The armed patrol boat screen capable of providing a robust and proportional response

•Each patrol boat with a crew of five – an eight man armed security team – equipped with one or two RHIBs.

•Salvage tug cover maintained ‘in area’

•Accountability = key

13.CEP operations

14.14.Modern Modern telecommunications:telecommunications:

Cannot beat Somalia!Cannot beat Somalia!

15.15. The futureThe future