Sentence examples for private shipowners from inspiring English sources

In the early days of the war, the Confederacy tried to enlist the services of private shipowners in the service by offering letters of marque and reprisal.

These are areas in which the private sector (both shipowners and their security advisers) must play a role.

I think the agreement with Russia is with individual Russian shipowners.

America in particular says countering piracy requires a joint effort by states, shipowners and other private interests, including security firms.

At last, on August 3rd, the saga ended after negotiations between the ship's Hamburg-based owners and the pirates, who boasted that they had netted $2.75m in ransom.Parleying with pirates, and then paying the ransom (often by airdrops), are jobs that shipowners regularly contract out to private firms or "risk consultancies".

Those who follow the issue of attacks by Somali pirates on commercial shipping are likely aware that many shipowners' firms have turned to private security contractors to protect their ships.

"Peter's very comfortable dealing with old Greek shipowners, and he's also comfortable with private equity and hedge funds," explains Stephen Kaplan, a principal at Oaktree and a Genmar board member.

That is precisely the point, argues Mr Li of HIT Marine: whereas conventional shipowners treasure their ships as they would their daughters, private-equity firms treat theirs as an asset like any other, to be bought when prices are low and sold when they are high.

As Robert Gates, America's defence secretary, lamented in April, the fight against piracy would be going better if shipowners stopped paying to regain their vessels.But of course, when private security companies, often employing veterans of national armed forces, work well to prevent piracy, they and the world's navies are broadly on the same side.

And shipowners are up in arms.

"Shipowners give a lot to this country.