Cash in the ship’s safe
Clasification Society 2024 - Version 9.40
Statutory Documents - IMO Publications and Documents - Circulars - Maritime Safety Committee - MSC.1/Circular.1334 – Piracy and Armed Robbery Against Ships – (23 June 2009)Guidance to shipowners and ship operators, shipmasters and crews on preventing and suppressing acts of piracy and armed robbery against ships - Annex – Guidance to Shipowners, Companies1, Ship Operators, Shipmasters and Crews on Preventing and Suppressing Acts of Piracy1 and Armed Robbery1 Against Ships - Reducing the temptation for piracy and armed robbery - Cash in the ship’s safe

Cash in the ship’s safe

  5 The belief that large sums of cash are carried in the master’s safe attracts attackers. In some cases this belief has been justified and sums have been stolen. While carrying cash may sometimes be necessary to meet operational needs and crew requirements and to overcome exchange control restrictions in some States, it acts as a magnet for attackers and they will intimidate and take hostage the master or crew members until the locations have been revealed. Shipowners should consider ways of eliminating the need to carry large sums of cash on board a ship. When this need arises because of exchange control restrictions imposed by States, the matter should be referred to the ship’s maritime Administration to consider if representations should be made to encourage a more flexible approach as part of the international response to eliminate attacks by pirates and armed robbers.


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