Espada Expands its Fleet in Gulf of Aden

Monday, January 18, 2010

Espada Logistics and Security-MENA has acquired five additional armed, fast-patrol vessels for use in the Gulf of Aden due to increased piracy and the growing demand for protection services.

“Our customers have demanded a higher level of predictability when it comes to costs and scheduling, and it became clear that the only way to meet those demands was to acquire additional vessels,” Jim Jorrie, president of Espada Logistics and Security-MENA, said. “The added capacity will also allow us to extend our escort area beyond the Gulf of Aden to now include the East Coast of Africa down as far as Mombasa.”

“Many customers are requiring marine general liability insurance for their escorts; now, with these vessels, we’ll be able to provide the protective coverage they desire.”

(www.espadaservices.com)

Categories: Maritime Security

Related Stories

Konecranes to Supply Two Cranes for Norwegian Oil Industry Facility

EnergyPathways, ABP Partner on Energy Storage Project at Port of Barrow

Why security planning matters in modern dredging and port works

Current News

ScioSense Launches UFC23 Ultrasonic Flow Converter for High-Precision, Ultra-Low-Power Smart Metering

Samsung Heavy Industries Receives AIP Certificate for Floating Data Center from ABS

US Import Costs Rise in April, Fuel Sees Biggest Gain in Four Years

NexusWave Implemented on IEA Fishing Vessels

Subscribe for Maritime Logistics Professional E‑News