Monday, 3 May 2010

REDfour Marsh Kidnap and Ransom Package Launched

REDfour and Marsh’s “pick and mix” kidnap and ransom (K&R) package is aimed at ships transiting the Gulf of Aden.

Piracy has increased substantially over the past 24 months with specific regional pockets seeing a quite sizable rise in attacks. This has resulted in a double blow to shipping companies with increased insurance premiums and heightened concerns about security of their vessels.

REDfour and Marsh’s introduction of their “pick and mix” kidnap and ransom (K&R) package gives a two-fold reward: reduced insurance costs and greater security.

The package:

  • Marsh offers up to 50% discounts for ships carrying REDfour teams.
  • REDfour provides the most offensive defence installations custom-made for each vessel: - installation of razor wire, - electric fencing, - security team comprised of former UK military personnel.
  • Client contract flexibility: single or multiple voyage basis.

More about REDFour

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