Will Britain 'embrace' private navy?
Typhon, the company behind Britain's first private navy in almost 200 years, says it will protect shipping convoys from attacks by Somali pirates by enforcing a 30km exclusion zone.
They will use a 10,000 tonne ship and armoured patrol boats assisted by drones.
Anthony Sharp, chief executive of Typhon, explained that the company model has been designed to detect piracy at long range, to avoid confrontation and to de-escalate violence.
"The British government haven't embraced this initiative... but they haven't rejected it," he explained.
He went on to outline the company's proposed remit, acting as a private protector of vessels or vessels within certain perimeters.
First broadcast on BBC Radio 4's Today Programme on Monday 14 January 2012.