I know this is unpopular opinion but there should be an option of scuttling your ship at red sea which instantly deletes your loot. At the moment you can sail to red sea but chasing crew can still follow and repair their ship while harpooning your loot. This shouldn't be an option. We should have a way to instantly deny loot from chasing crew if they are incompetent enough not to take you down before you reach the red sea.
Reasoning? This would remove hours long chases. No one would bother to chase knowing they will get nothing from it and instead focus on honing their skills of approach.