Protecting investments and lives

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Protecting investments and lives


Panos G. Moraitis, Chief Executive Officer of Aspida Maritime Security.

Piracy remains an ongoing threat to seafarers around the world. In the waters off the Somali coast between the Red Sea and Indian Ocean and in the Straits of Malacca between the Malay Peninsula and the island of Sumatra in Indonesia, piracy is on the increase. It is estimated that US$15 billion is lost each year due to piracy and the risks to seafarers remain high.

In 2011, there were over 430 pirate attacks and forty five merchant vessels hijacked worldwide with close to fifty percent (237 attacks and twenty eight hijackings) occurring in the Gulf of Aden, off the coast of Somalia.

With Somali pirates potentially earning almost 150 times their country’s national average wage, reports suggest that piracy is an emerging industry in the region in its own right. As ship owners recognize the need to employ security personal and defense products aboard their vessels to protect from piracy and attack, companies are turning towards Aspida Maritime Security, a leading maritime security firm.

“Coming from a maritime nation such as Greece, we have a deep understanding of the shipping industry and its complexities,” says Panos G. Moraitis, Chief Executive Officer of Aspida Maritime Security. “We offer a comprehensive range of cost-effective maritime security services and products designed for all types of vessels, cargo and distances.”

In the majority of cases, pirates abort an attack when a visible security presence is identified. Aspida’s security teams are comprised of highly experienced Greek and British operatives who have skillfully dealt with various incidents aboard Aspida guarded vessels. While Greek shipping companies account for fifty percent of Aspida’s client base, half of the company’s customers are international.

“We have developed a reputation for providing a quality service and we are now considering entering the Chinese market having seen success with our clients in countries such as South Korea,” says Moraitis. “We are looking for local contacts and partners in China to facilitate communication between us and Chinese shipowners. With China’s high trade volumes, security is essential to ensure that crews, vessels and cargo reach their destinations safely. Aspida remains one of the few security companies in the world built from the ground up to serve the maritime industry. We intend to continue to successfully protect our international clients, their crew and their maritime investments.”

The Company


Aspida Maritime Security
Maritime Security

Our Location:

58 Vouliagmenis Avenue Glyfada 16674 Greece

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