Texas-based maritime security company Espada Logistics and Security-MENA has announced that they have purchased five additional armed, fast-patrol vessels for use in the Gulf of Aden due to increased demand for their protection services to shipping caused by the growing number of pirate attacks that are occurring in the region.

With a fleet of thirteen patrol boats and another joining the flotilla
in February, the company now offers escort services between the Red Sea
and Mombasa to shipping lines that wish to have a dedicated security
vessel accompanying their vessels as they transit the seas around the
Horn of Africa.

Speaking of the acquisition Jim Jorrie, president of Espada Logistics
and Security-MENA, said that: “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.

“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.”

The company believes that the use of visible escorts is much more
conducive to deterring pirate attacks than any other method, which is
central to their business policy.

Espada charges $54,000 for a three-day escort through the Gulf of Aden
and $74,000 for wider ranging four-day protection that covers East
Africa and the Horn down to the Seychelles or Mombasa.

They also offer a number of other services to shipping lines, such as
embarked security teams, anchorage protection and crisis consultation.

Source: Handy Shipping Guide

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