1. 10 th Maritime Conference Navigator 2011 9 th November, 2011 ATHENS

2. George A. Tsavliris Principal, Tsavliris Salvage Group Piracy The Convoy Escort Programme

3. 1.The $ 12 billion per annum industry of the 21 st century

4. 2.Government support?

5. 3.The tragic experiences of the Seafarers involved in Piracy

6. 4.Armed Guards: Yes – but where will this lead to?

7. 5.The Al-Qaeda factor The presence of Shabab in Somalia.. The presence of Shabab in Somalia.. The Kenyan invasion of Somalia.. The Kenyan invasion of Somalia.. Is there a hidden agenda?

8. 6.Political intervention - The theory behind “do not interfere” The theory behind “do not interfere” The theory behind “support the pirates” The theory behind “support the pirates” The theory behind “do interfere” The theory behind “do interfere”

9. 7.Is it getting worse?

10. 8.The alternative solutions

11. 9. 9.Convoy Escort Programme Withdrawal of Naval support… Now what?

12. 10.Risk management for shipping

13. Somali piracy risk is escalating. Development of a commercial convoy escort service Offer a reduction in War Risk Additional Premiums (WRAP) Working with established maritime charities CEP goal is prevention. 11.Convoy Escort Programme (“CEP”)

14. 12.Participating organisations JLT ASCOT UNDERWRITING BOWCLIFFE BTG Global Risk Partners CYMEPA DOBSON FLEET MANAGEMENT GRIFFIN UNDERWRITING HOLMAN FENWICK WILLAN INCE & Co. MARKETFORM MOORE STEPHENS MST OFFSHORE SHIPBROKERS RSA THE MISSION TO SEAFARERS

15. Aiming to provide support for around 460 vessels a month Use of 18 fast patrol boats The armed patrol boat screen capable of providing a robust and proportional response Each patrol boat with a crew of five – an eight man armed security team – equipped with one or two RHIBs. Salvage tug cover maintained ‘in area’ Accountability = key 13.CEP operations

16. 14.Modern telecommunications: Cannot beat Somalia!

17. 15. The future