The story is reported by Bradley Hope as "Firearms an odd casualty of piracy":
Thousands of guns are being dumped in the ocean by private security companies hired to protect ships against pirate attacks, top security executives say.Expensive? Less than the cost of complying with the law in most cases and eliminates the risk that the ship being protected might be seized by authorities for violation of guns laws. Much less than the cost of lawyers to fight weapons charges.
As Somali pirates grow bolder and launch attacks further into the Indian Ocean, shipping companies and yacht owners are increasingly using armed security to protect their vessels.
But there are varying laws and regulations about taking weapons into ports across the region, leading some security companies to cut costs and save time by getting rid of their guns before arriving in various countries' territorial waters.
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"This is happening on a daily basis," said Richard Skinner, the Dubai director at the security company the Orchid Group. "I suspect there are literally thousands of semi-automatic and automatic weapons down there at the bottom of the Red Sea for fish to swim around."
These practices and others have led security companies and government officials to call for increased regulation of armed teams operating on the high seas. Rogue security companies could endanger the lives of their clients and innocent fishermen by failing to follow proper rules for using force against perceived threats.
Smart business practice.