Hat tip to Lowy Institute's 'The Interpreter' for this Australian news item (behind a paywall) 'Glencore chief Simon Murray launches private navy to combat Somali pirate threat':
This private navy will use a 10,000-ton mother ship, high-speed armoured patrol boats, '240 former marines and sailors' and one former Royal Navy commodore to provide security to oil tankers and bulk carriers as they traverse the piracy plagued Gulf of Aden and Indian Ocean. Murray insists that this is more cost effective than using sovereign warships to patrol the waters off Somalia.
The blog post ends with:
Typhon is sailing into a deep legal fog. Presumably the company is investigating these issues, though it has made no public statements on the subject (and it does not appear to have a website). One thing is certain; Typhon had better have a very good lawyer on speed dial.
Link:http://www.lowyinterpreter.org/post/...vate-navy.aspx

Not to overlook:
There has been no successful hijacking since June 2012, when a fishing dhow was seized, according to data from the International Maritime Bureau (IMB).
Link:http://www.ibtimes.co.uk/articles/42...n-glencore.htm