GoAGT Goes Bust

Headlines.

Here is a news headline from Lloyd’s List:- Is the maritime security bubble about to burst?

This was because the Lymington-based Gulf of Aden Group Transits (GoAGT) has just gone bust.

It was also reported that all the work of GoAGT): – ‘ would now be carried out on their behalf by Sea Marshals, another Private Management Security Company (PMSC).

On August 6th  Seanews came up with the headline:-

‘GoAGT failure sparks worries other shipboard guard firms will go bust.’

While Malta Today reported:

‘A Malta-based, industry-leading and highly profitable maritime security company – Gulf of Aden Group Transits (GoAGT) – abruptly closed its doors this week and went into administration, leaving hundreds of employees across the globe in the lurch, some literally at sea.’

Missing Information.

What is currently happening with GoAGT is wide open to speculation as all content has been taken of the company website.     http://goagt.org/

Ditto – There is nothing about them on Facebook, but you can still find a Facebook page for the GOAGT Galle Maritime Security Training Centre.

The webpage for the GoAGT Maltese subsidiary company Maritime Guard Group
has also been removed.

Though you can still find something about them on LinkedIn .

Speculation.

What exactly has happened with GoAGT must remain a matter of speculation for the moment.

What this might mean for the future of all the other companies which provide armed guards at sea is very much an open question.

It’s all going to be a matter of wait at sea.

Update.

On Friday Aug 8th World Maritime News published the following news story:-

Workers Left High and Dry as GoAGT Goes Insolvent.

This news story gives an account of the GoAGT company finances, and what another maritime guards company, Sea Marshals, describes as ‘a marketing opportunity for our services.’

Selling Death Below The Sea.

This years UDT 2014 [ Underwater ‘Defence’ Technology ]
arms fare and conference will take place in Liverpool between June 10th and 12th.

This is an event which its organisers describe as:
‘ The global event for underwater defence and security.’

It is an arms fair.

The event is being organised by the Clarion Events who run DSEI.

&

The UK Trade & Investment Defence & Security Organisation, which exists to help arms manufactures to export their weapons around the world.


The Deadly Merchants.

Such well know Arms manufacturers such as
– BAE Systems,
– Babcock International Group,
– James Fisher Defence,
&
– Lockheed Martin,
will be exhibiting their deadly products at the event.

Lesser known companies such as
– BMT Defence Services,
– Drumgrange Ltd,
&
– SeeByte
will also be exhibiting their products at the event.

The Deadly Buyers.

At UDT 2013 event there were representatives from 44 countries.

Such as:-

– Colombia,
– Israel,
– the Russian Federation,
&
– United Arab Emirates.

The most telling fact is that this included individuals from China, Japan, & South Korea.

– All of which are involved in territorial despites with each other.

– All of which are involved in miliary stand-offs in the region.

Protest!

Merseyside Peace Network will be holding a protest outside of the event from 08.30. on the morning of June 10th.

On the last day of UDT 2014 a wreath will be presented to the organisers of the arms fare.

This is in order to remember all those who will be killed because of the weapons sold at the UDT 2014 event.

Maritime Piracy Publications.

SIPRI  ( The Stockholm International Peace Research Institute )
has just published a article entitled: –

Combating Blackbeard:
how to reduce maritime piracy in Somalia.

This article looks at some of the reasons as to why piracy exists off
the coast of Somalia, and just what might be done about it.

While Taylor & Francis have just published the following works:-

The Price of Modern Maritime Piracy.

&

Privatizing the struggle against Somali piracy.

Both of these are expensive publications, and so best accessed via your local library.

Associating With Armed Guards.

BIMCO is an International shipping association which exists to facilitate the commercial operations of its membership organisations.

BIMCO is now about to offer an associate membership to private
maritime security companies which achieve the International
Standards Organisation’s PAS 28007.

The good news is that the UK Chamber of Shipping has rejected the
idea of having private security firms as a part of the organisation.

Question The SAMI Certificate.

The Security Association for the Maritime Industry international
certification programme is an scheme run by SAMI
( The Security Association for the Maritime Industry ).

Referring to these Standards & Certification,
SAMI states that they have introduced:
‘a level of compliance and scrutiny to ensure that the maritime
industry can easily identify reputable private maritime security
companies.’

One of the companies which has gained this certification is the Trident Group.

It is also one of the 30 membership companies which makes up SAMI.

During may Lloyd’s List identified some Trident armed guards in a video shooting at a pirate skiff  .

Here are two quotes from the newspaper story: –

‘ The International Association of Maritime Security Professionals
issued a statement on its website stating that the PMSC in the
video had employed a questionable use of force … ’

While SAMI stated that it: –
“clearly demonstrates that clarification on the rules for the use of
force is needed”

Clearly the activities of  Trident,
and worth of  the SAMI certificate,
do need to be very closely examined.