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Panos G. Moraitis CEO

Panos G. Moraitis CEO. 237. incidents. 470. hostages. 8. deaths. 7-12. billion US$. IMPORTANT:. The use of PCASP should not be considered as an alternative to Best Management Practices (BMP) and other protective measures. USING armed PCASP. Pros / Cons.

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Panos G. Moraitis CEO

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  1. Panos G. Moraitis CEO

  2. 237 incidents

  3. 470 hostages

  4. 8 deaths

  5. 7-12 billion US$

  6. IMPORTANT: • The use of PCASP should not be considered as an alternative to Best Management Practices (BMP) and other protective measures.

  7. USING armed PCASP • Pros / Cons • Can be logistically complex • Flag Restrictions • Escalation of Violence • Cowboys • May increase liability exposure • Potential company image impact • 100% Success No Ship Ever Hijacked • Allows Defense if passive SPMs fail • Peace of Mind • Insurance Premium Reductions • Securing Low & Slow Vessels

  8. PROTECTION WITHINTEGRITY

  9. www.aspida.org welcome@aspida.org +302107279255

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