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Piracy latest: High risk bonus for CMA CGM crews

Marseilles: French Container Line CMA CGM Group has announced its decision to set up a High Risk Bonus for its officers and crews that transit through the Gulf of Aden in light of the increase in pirate activity in the area. The company, which is a member of International Maritime Employers' Committee, is to pay its seafarers extra pay equal to 100% of their basic wage when transiting through the dangerous region.

"CMA CGM applies very strict safety and security regulations and has set up a number of measures to avoid potential attacks even though container vessels are less vulnerable than other ships due to their speed and high freeboard," it said in a press release, adding, "All these measures and decisions confirm the Group's commitment to the security and well-being of its seafarers".

According to the company, 65 CMA CGM vessels transit each month through the Gulf of Aden, most of which are deployed between Asia and Europe. These large container vessels have a capacity from 4.000 to 11.000 Teus and sail at an average speed of 24 knots.  [04/12/08]

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