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Piracy Surge in Atlantic a Boon for South African Boat Builder


Piracy Surge in Atlantic a Boon for South African Boat Builder
Aug 04 2021, 4:35 PM
August 04 2021, 10:30 AM
August 04 2021, 4:35 PM
(Bloomberg)
(Bloomberg)
A proliferation of pirate attacks in the Gulf of Guinea, an expanse of the Atlantic Ocean stretching from Senegal to Angola, is driving a security-boat building boom in South Africa.
Paramount Maritime Holdings, a unit of Africa’s biggest privately owned arms-maker, Paramount Group, says it has largely cornered the market for patrol and escort vessels used in the waters offshore Nigeria and neighboring states. The company currently has 26 boats with a total price tag of about $60 million under construction in Cape Town. ....

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Shiver me timbers: piracy surge in the Atlantic drives boom for SA boat builder


Dirk Erasmus
Paramount Maritime Holdings, a unit of Africa’s biggest privately owned arms-maker, Paramount Group.
It has cornered the market for patrol and escort vessels and currently has 26 boats with a total price tag of about $60 million under construction in Cape Town
However Paramount is facing 
increasing competition from suppliers in Singapore and Israel.
A proliferation of pirate attacks in the Gulf of Guinea, an expanse of the Atlantic Ocean stretching from Senegal to Angola, is driving a security-boat building boom in South Africa.
Paramount Maritime Holdings, a unit of Africa’s biggest privately owned arms-maker, Paramount Group, says it has largely cornered the market for patrol and escort vessels used in the waters offshore Nigeria and neighboring states. The company currently has 26 boats with a total price tag of about $60 million under construction in Cape Town. ....

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Singapore PE firm Affirma Capital to acquire S Korean steel makers for $76.9m

Singapore PE firm Affirma Capital to acquire S Korean steel makers for $76.9m
dealstreetasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dealstreetasia.com Daily Mail and Mail on Sunday newspapers.

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Piracy surge off West Africa is great news for SA boat builder

Piracy surge off West Africa is great news for SA boat builder
timeslive.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from timeslive.co.za Daily Mail and Mail on Sunday newspapers.

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2021-08-03 12:49:25 来源: 金融八卦女
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