A Scottish company has launched on to the global shipping market the first comprehensive software product designed to combat the increasing problem of modern-day piracy at sea.
Marine MTS, based in Aberdeen, has developed Sentinel, which for the first time enables ships to be precision-tracked from anywhere in the world using technology called Loc8.
The cost of piracy in 2011 was estimated last year at £4.5 billion, including increased security spend and ransom payments, and this year there has already been around 150 incidents of maritime piracy recorded globally.
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