Sri Lanka Scraps Firm’s Floating Armory Deals Amid Scandal

By Shihar Aneez COLOMBO, Nov 11 (Reuters) - Sri Lankan President Maitripala Sirisena on Wednesday revoked all deals by a private security firm related to running "floating armouries", a government spokesman said, the latest move in a scandal which has brought down a government minister. Police this year seized more than 3,000 weapons in 20 containers from an armoury, run … [Read more...]

Maritime Security Firms Adapt to Changes in Piracy, Stiff Competition

By Keith Wallis SINGAPORE, Dec 4 (Reuters) - Cash-strapped maritime security firms are being forced to use fewer costly elite guards and to diversify into other businesses such as cyber security, as a steep decline in Somali pirate attacks and hotter competition erode fast-thinning margins. Hundreds of security firms sprang up over the past seven years to offer protection … [Read more...]

Drugs Found On Maersk Alabama Where Security Contractors Died

An investigation into the deaths of two American security contractors by the Seychelles Police Force has confirmed the presence of drugs and drug paraphernalia in the cabin of the Maersk Alabama where the bodies of the two men were found Tuesday. A statement from Maersk Line, Limited late Thursday confirmed what some had suspected about the mysterious deaths onboard the … [Read more...]

Private Security Contractors Found Dead Aboard Maersk Alabama

Update: Drugs Linked to Maersk Alabama Security Contractor Deaths  Trident Group President Tom Rothrauff confirmed today in a phone call that two of his contractors have "expired" on board one of his client's ships. The Virginia-based private maritime security company works closely with US-flag shipping line, Maersk Line, Ltd which this afternoon confirmed the deaths on … [Read more...]