Tag Archives: piracy

Rising Security Threats in Nigeria

Nigeria, the oil-rich West African nation headed by President Goodluck Jonathan, appears to be experiencing a broadening of security concerns – demonstrated by a string of recent kidnappings. Continue reading →

Podcast: An Insight Into Somali Pirate Gangs

In the third installment of WillisWire’s piracy podcast series, John Rachman, president of Terra Firma Risk Management, and I discuss the tactics used by pirate gangs in different parts of the world, particularly off the coast of Somalia. Podcast: Play in … Continue reading →

Podcast: Paying Ransoms to Pirates

In the second in our series of WillisWire piracy podcasts, John Rachman, president of Terra Firma Risk Management, and I discuss the tricky issue of ransom payment. Check the blog next week for the third and final installment in this series. … Continue reading →

Podcast: How to Handle a Pirate Attack

In the first in a series of WillisWire piracy podcasts, I was joined by John Rachman, president of Terra Firma Risk Management, to discuss how the piracy threat is spreading and what ship operators can do to protect themselves. Check … Continue reading →

The Future of Piracy in a New Somalia

As Somalia stumbles through its most significant political transition since the fall of the Siad Barre regime, there are signs that the country’s most lucrative industry is also going through profound changes. The success rate of piracy halved from 2010 … Continue reading →

Piracy in South East Asia

There are some marked differences in tactics between pirates operating off the coast of Somalia and in the area around Indonesia and the South China Sea, our kidnap and ransom expert told me. Continue reading →

Piracy Scourge Continues Unabated

With 214 reported attacks and 26 hijackings so far this year, Somali piracy is alive and well. Our K&R expert discusses the insurance market's response in a video. Continue reading →