Check your PMSC Weapons’ Licenses

UG

January 2015 – BIMCO issued a security advisory on 20 Jan 2015 in which states that has recently received reports that a small minority of Private Maritime Security Companies (PMSCs) may be operating contrary to the provisions of GUARDCON. These companies are leasing or renting out their weapons to other PMSCs. Those renting/leasing from third parties without having in place the required licences and permits issued by state authorities to control the handling and movement of weapons are likely to be in breach of the original “end user” licences and therefore operating illegally.   PMSCs who engage in this practice are potentially in breach of their obligations under Clause 10 (Permits and Licences) of GUARDCON. Those PMSCs renting/leasing out the weapons are potentially in … Continue reading