Juliet Marine Systems, Inc. announced today that they have developed and built a revolutionary marine platform called GHOST specifically designed to deal with international problems of piracy.

International piracy has been consistently growing. In Somalia alone, pirates today hold 33 hijacked ships and 711 hostages, according to ICC IMB figures. Piracy is growing at about 10% per year and the heaviest activity is centered in Somalia. Juliet Marine’s President and CEO Gregory Sancoff stated, “The piracy problem is not going away, the pirates are becoming more sophisticated. With the success of each hijacking, there is more money available to pirates through payment of ransoms to purchase better equipment, larger ships, and better weapons.” A clear example of this is also seen in the continuing geographical expansion of pirate attacks further offshore. In 2005, pirates were within 170 nautical miles (nm) of their land bases and today they are over 1,000 nm from shore.