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EU position on maritime piracy

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Friday, 25 January 2013

EU position on maritime piracy

Maritime piracy killed six EU seamen in 2012 and costs the Union around EUR 5.5-9.5 billion per annum, Commissioner Maria Damanaki estimated at the event organised by the European Economic and Social Committee (EESC) for the presentation of its opinion "Maritime piracy: strengthening the EU response", taking place yesterday 24 January.
The key to solving the piracy problem may lie in tracing and clamping down the involved financial flows, according to EESC . In this sense a blacklist of financial institutions involved in piracy money laundering should be established in the EU.
During the conference it was announced that the UN Security Council and EU naval force operation, named operation ‘Atalanta’- which has caught 117 pirates since the piracy raised off the coast of Somalia in 2008-  will be prolonged until December 2014, with an extension to the East and South in the Indian Ocean and in the Somali shoreline.
EU Member States and states in accession process or having association agreements with the EU were requested to enforce legal actions against piracy and prosecution of pirates on the high seas. Also, the EESC expressed itself against the payment of ransoms- which is seen to have counter-productive effects and put hostages at even greater risk.

Source: European Commission, EESC, vesselfinder.com