When Ships Change Hands

When Ships Change Hands

Introduction

As the commercial shipping market evolves, asset sales like Norden’s recent panamax disposal reflect adaptive corporate strategies. But while ownership may shift, operational threats at sea remain undeterred.

Industry context

Regardless of who holds the title, vessels continue to face piracy, smuggling risks, and compliance challenges in high-risk areas. New ownership does not reset international security obligations under the ISPS Code or reduce exposure in conflict-prone transit corridors. Maintaining crew safety and protecting physical assets must remain priority considerations throughout and beyond any sale.

Practical measures

• Deploy trained onboard maritime security teams in high-risk regions.
• Reinforce bridge watchkeeping standards and implement call sign checks at night.
• Conduct safety and security drills during crew changes or charter transitions.
• Use intelligence-based planning to adjust routing proactively in volatile zones.
• Ensure security SOPs are updated and ownership changes are reflected in documentation.

Further resources

Discover our operational services for fleet protection or learn more about how we safeguard maritime assets globally.

Source

Original article: Splash247 coverage of Norden's fleet sale

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Prepared by MS Security Group — experts in vessel protection, anti-piracy, and counter-narcotics operations.