Good Company

Good Company
Good Company

Thursday, March 03, 2005

Singapore's Web of Defense Against Terroristic Pirates

From a Singapore Angle has been kind enough to email me the article he posted here concerning Singapore's concerns over terrorists using piratical techniques and quoting an article from Michael Richardson.
A terrorist attack from the sea in or close to Singapore waters would send ship and cargo insurance rates skyrocketing and probably make many seagoing vessels avoid the port until the scare had eased and premiums returned to more normal levels. This would not just be a disaster for Singapore, one of the world's most trade-dependent nations. But it would also jolt commercial confidence in Asia and raise questions about the region's growth prospects, at least in the short term.

Go take a look.

No comments:

Post a Comment