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Date: April 30, 2024 Tue
Time: 12:08 am
Time: 12:08 am
Results for ransoms
3 results foundAuthor: Marts, Charles Title: Piracy Ransoms -- Conflicting Perspectives Summary: This paper presents both sides of the debate over whether States should allow payment of ransoms to pirates. United States Executive Order 13536 and other recent national and international legislation have brought increased awareness to this issue. This paper does not attempt to settle the ransom debate, but instead highlights the key issues, which perhaps will inspire progress in the fight to curb piracy. In their simplest distillations the positions are the pro-ransom stance advocating use of all means available to limit immediate threats of violence and disaster; versus the anti-ransom stance advocating use of all means available to limit acts of piracy over a longer term. Maritime industry practitioners assert that paying ransoms are the only tool available once a ship has been hijacked. Paying ransoms, they claim, minimizes risks of escalated violence, revenue liability, and environmental disaster. Those individuals/States opposed to paying ransoms believe that each ransom payment fuels and perpetuates the menace of piracy and that the eventual outcome of this escalation would likely be military intervention. In the final section of this paper, we briefly examine recent legislation and a small sample of international views that illustrate the practical complexity of ransom policies. A reader unfamiliar with the laws and opinions concerning this issue may find it useful to read this section before jumping into the arguments. Details: Louisville, CO: One Earth Future Foundation, 2010. 35p. Source: Internet Resource: Working Paper: Accessed February 2, 2011 at: http://oneearthfuture.org/images/imagefiles/Ransom-%20Charlie%20Marts.pdf Year: 2010 Country: International URL: http://oneearthfuture.org/images/imagefiles/Ransom-%20Charlie%20Marts.pdf Shelf Number: 120657 Keywords: Hijacking of ShipsMaritime CrimePirates/PiracyRansoms |
Author: Geopolicity Title: The Economics of Piracy: Pirate Ransoms and Livelihoods Off the Coast of Somalia Summary: In 2011, Geopolicity established a global economic model for assessing the costs and benefits of international piracy; adding significantly to the debate on the causes and consequences of piracy. This model provides a comprehensive, independent framework of trend analysis, whilst also highlighting across the ‘Pirate Value Chain’ (PVC) where the greatest rates of return on international counter pirate investment and policy are to be found. The model includes (i) cost-benefit analysis at the individual pirate level, based on existing socioeconomic and market data (ii) the aggregate costs and benefits at the international systems level and (iii) comprehensive data on the resurgence of piracy by functional classification and sovereign jurisdiction; to include trend, comparator and predictive analysis. Further research, based on aggregating all existing secondary data into a common analytical and diagnostic platform, as well as on the ground research in coastal communities is urgently needed, and would provide, for the first time, a strong understanding of the economics of piracy. Details: Road Town, British Virgin Islands: Geopolicity, 2011. 27p. Source: Internet Resource: Accessed July 7, 2011 at: http://www.geopolicity.com/upload/content/pub_1305229189_regular.pdf Year: 2011 Country: Somalia URL: http://www.geopolicity.com/upload/content/pub_1305229189_regular.pdf Shelf Number: 121994 Keywords: Cost-Benefit AnalysisEconomics of CrimePirates/PiracyRansoms |
Author: United Nations Institute for Training and Research Title: UNOSAT Global Report on maritime piracy: A geospatial analysis 1995-2013 Summary: This global report on maritime piracy has identified several important trends related to maritime security. Based on a refined and detailed analysis of primarily data from International Maritime Organization (IMO) Global Integrated Shipping Information System (GISIS) "Piracy and Armed Robbery" module UNITAR has been able to explore how trends in geospatial patterns and severity of reported piracy incidents are developing, from 1995 to 2013. Some detailed geospatial analyses focus on the period 2006-2013 due to improved records for geo-locating incidents. Our analysis includes the added cost of piracy for the maritime industry at a global level and how these are linked to anti-piracy initiatives. Furthermore, costs related to paid ransoms and effects on the local economy in piracy land-bases are explored. There are two areas where significant trends in piracy activities are observed: the Western Indian Ocean, including the Gulf of Aden, and the Gulf of Guinea. In other areas, notably eastern Indian Ocean, including the Malacca Strait, and in South America, no major trends are observed. While activities in South America are relatively minor, piracy in the Malacca Strait continues to be a major disruptior for safe routes in the eastern Indian Ocean. Details: Geneva: United Nations Institute for Training and Research, 2014. 40p. Source: Internet Resource: Accessed April 1, 2015 at: http://unosat.web.cern.ch/unosat/unitar/publications/UNITAR_UNOSAT_Piracy_1995-2013.pdf Year: 2014 Country: International URL: http://unosat.web.cern.ch/unosat/unitar/publications/UNITAR_UNOSAT_Piracy_1995-2013.pdf Shelf Number: 135104 Keywords: Geospatial AnalysisMaritime CrimeMaritime PiracyMaritime SecurityPirates/PiracyRansoms |