Page 11: of Maritime Logistics Professional Magazine (Q1 2011)

Maritime Risk

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www.maritimeprofessional.com Maritime Professional 11 pounded the focus of attention on

Africa’s eastern coast. In many ways offshore activity on the west coast of

Africa provides a contrast.

Superficially it appears that the impacts from physical, operational, reputational and financial risk perspectives are high- er in the Indian Ocean than of that in the Gulf of Guinea. While that may be true in terms of the likelihood of attacks occurring, it does not change the potential impact of attacks in the

Gulf of Guinea. A successful hijacking will remain a major incident with severe consequences, regardless of the likelihood of it occurring.

There is a serious threat posed to the offshore environment on both flanks of

Africa. While there is considerable media attention on Somali pirate activ- ity in the Indian Ocean, in many ways because of the considerable ransoms received, there remains a significant threat posed to vessels in the Gulf of

Guinea. Ultimately, both are a reflec- tion of onshore political dynamics, and consequently, a solution cannot be sought in the maritime environment alone. www.watermanlive.com

Email: info@watermanlive.com

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The Author

Tom Roberts, Maritime Analyst at Drum

Cussac. Drum Cussac is an international business risk consultancy, committed to pro- tecting personnel, assets, profits and reputa- tion. The firm specializes in developing miti- gating strategies, enabling clients to convert risk into competitive advantage.

Maritime Logistics Professional

Maritime Logistics Professional magazine is published six times annually.