Scared marine companies don't report ordeals; sloppy tracking a boost to Somalian pirates
A ransom is supposed to have been paid for most ships that have been released so far from Somalia. Prompt action by the US and French navies has led to some releases. The only ship that was released through the action of the local government (of the state of Puntland, Somalia) was a UAE flagged vessel. Sources in UAE claim even that operation had ransom involved.
“With patrols on by the world’s major powers, the only apparent lacuna seems to lie in tracking the pirates,” says a UAE-based security expert, who declined to be named. "Placing robust tracking systems has helped Malaysian and Indonesian governments control piracy on their coastlines," he emphasises.
Crime has a despicable facade but lacks roots. Organised crime has a polished exterior, but its fangs have the caliber to fight the most sophisticated defence. With a governance vacuum, Somalian pirates have upgraded themselves from the category of looters to formidable, organised criminals. Unless the law organises itself similarly, this travesty of justice will only get worse.
A ransom is supposed to have been paid for most ships that have been released so far from Somalia. Prompt action by the US and French navies has led to some releases. The only ship that was released through the action of the local government (of the state of Puntland, Somalia) was a UAE flagged vessel. Sources in UAE claim even that operation had ransom involved.
“With patrols on by the world’s major powers, the only apparent lacuna seems to lie in tracking the pirates,” says a UAE-based security expert, who declined to be named. "Placing robust tracking systems has helped Malaysian and Indonesian governments control piracy on their coastlines," he emphasises.
Crime has a despicable facade but lacks roots. Organised crime has a polished exterior, but its fangs have the caliber to fight the most sophisticated defence. With a governance vacuum, Somalian pirates have upgraded themselves from the category of looters to formidable, organised criminals. Unless the law organises itself similarly, this travesty of justice will only get worse.
Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).
and Arindam Chaudhuri (Renowned Management Guru and Economist).
For More IIPM Info, Visit below mentioned IIPM articles.
2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face
IIPM - FLP (Flexi Learning Program)
