Following the escalating piracy attacks in the Gulf of Aden and Indian Ocean in last years, consequences on international shipping business have been considerable, especially in terms of insurance and legal issue, bearing in mind the importance to coordinate the demands of market with owners’ interests.
The firm advises owners, charterers and cargo operators on all aspects of piracy risks, covering legal and practical aspects, especially following the recent Italian Decree No. 107, dated 12th July 2011 concerning the general principles of the deployment of military forces (NMP) or private armed guards onboard Italian ships.
On the other side, we have been involved by international and national companies (Contractors) providing maritime security services in drafting and reviewing contracts to be agreed with Owners.
Contracts of maritime security services (Guardcon – BIMCO), as well as compliance with safety and security requirements on board the vessels become the key points to be considered in advising clients.
In this scenario, the firm regularly issues publications dealing with main piracy issues, being proud to be tagged on the most important P&I Club web sites.