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The payment and insurance of ransom: an analysis of legality, morality and possible solutions in the case of ship hijackings by pirates
Piracy has been perceived as a menace of times long gone and has until recently been associated with romantic tales of one-legged and free-spirited men, roving the Caribbean Sea for bounty and gold. In recent years, however, a new type of pirate has emerged in one of the most lawless spots in the wo...
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| Format: | Thesis |
| Language: | English English |
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Shipping Law Unit
2026
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| _version_ | 1867614500565286912 |
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| access_status_str | Open Access |
| author | Hermanussen, Christian |
| author2 | Hare, John |
| author_browse | Hare, John Hermanussen, Christian |
| author_facet | Hare, John Hermanussen, Christian |
| author_sort | Hermanussen, Christian |
| collection | Thesis |
| description | Piracy has been perceived as a menace of times long gone and has until recently been associated with romantic tales of one-legged and free-spirited men, roving the Caribbean Sea for bounty and gold. In recent years, however, a new type of pirate has emerged in one of the most lawless spots in the world. The pirates of Somalia increasingly threaten one of the busiest commercial shipping routes, thus forcing shipowners to pay higher insurance premiums or to reroute around the Cape. Either way, the current situation tremendously increases the costs of shipping in the Indian Ocean and threatens life of seamen. The purpose of Somali pirates is to obtain high ransom sums. Their demands are frequently met by intimidated shipowners who then turn to their insurers for cover. This practise has led to enormous profits for both the insurers as well as the pirates. Until today, no solution has been found to break the vicious circle in which shipowners find themselves. |
| format | Thesis |
| id | oai:open.uct.ac.za:11427/42899 |
| institution | University of Cape Town (South Africa) |
| language | English eng |
| last_indexed | 2026-06-10T12:53:02.136Z |
| license_str | Not specified — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository |
| publishDate | 2026 |
| publishDateRange | 2026 |
| publishDateSort | 2026 |
| publisher | Shipping Law Unit |
| publisherStr | Shipping Law Unit |
| record_format | dspace |
| source_str | UCTD — University of Cape Town Open Access Repository |
| spelling | oai:open.uct.ac.za:11427/42899 The payment and insurance of ransom: an analysis of legality, morality and possible solutions in the case of ship hijackings by pirates Hermanussen, Christian Hare, John ship hijacks pirates insurance Piracy has been perceived as a menace of times long gone and has until recently been associated with romantic tales of one-legged and free-spirited men, roving the Caribbean Sea for bounty and gold. In recent years, however, a new type of pirate has emerged in one of the most lawless spots in the world. The pirates of Somalia increasingly threaten one of the busiest commercial shipping routes, thus forcing shipowners to pay higher insurance premiums or to reroute around the Cape. Either way, the current situation tremendously increases the costs of shipping in the Indian Ocean and threatens life of seamen. The purpose of Somali pirates is to obtain high ransom sums. Their demands are frequently met by intimidated shipowners who then turn to their insurers for cover. This practise has led to enormous profits for both the insurers as well as the pirates. Until today, no solution has been found to break the vicious circle in which shipowners find themselves. 2026-02-25T07:39:01Z 2026-02-25T07:39:01Z 2011 2026-02-25T07:34:43Z Thesis / Dissertation Masters LLM http://hdl.handle.net/11427/42899 en eng application/pdf Shipping Law Unit Faculty of Law University of Cape Town |
| spellingShingle | ship hijacks pirates insurance Hermanussen, Christian The payment and insurance of ransom: an analysis of legality, morality and possible solutions in the case of ship hijackings by pirates |
| thesis_degree_str | Master's |
| title | The payment and insurance of ransom: an analysis of legality, morality and possible solutions in the case of ship hijackings by pirates |
| title_full | The payment and insurance of ransom: an analysis of legality, morality and possible solutions in the case of ship hijackings by pirates |
| title_fullStr | The payment and insurance of ransom: an analysis of legality, morality and possible solutions in the case of ship hijackings by pirates |
| title_full_unstemmed | The payment and insurance of ransom: an analysis of legality, morality and possible solutions in the case of ship hijackings by pirates |
| title_short | The payment and insurance of ransom: an analysis of legality, morality and possible solutions in the case of ship hijackings by pirates |
| title_sort | payment and insurance of ransom an analysis of legality morality and possible solutions in the case of ship hijackings by pirates |
| topic | ship hijacks pirates insurance |
| url | http://hdl.handle.net/11427/42899 |
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