Archive for the ‘Bribery and Corruption’ Category
New IMB report shows persistent piracy risk in Gulf of Guinea
Captain P. Mukundan
London and Kuala Lumpur, 24 July 2018 – The second quarterly report from the ICC International Maritime Bureau (IMB) shows that all 2018 crew kidnappings have so far occurred in the Gulf of Guinea in six separate incidents.
A total of 107 incidents were reported to the IMB Piracy...
July 24th, 2018 | Arrest of ships, Bribery and Corruption, Claims, Corruption, Health and Safety, Maritime Fraud, News, P and I Clubs, Piracy and Terrorism, Reports, Safety and Security | Read More
Pirate attacks worsen in Gulf of Guinea
Captain Pottengal Mukundan.
London and Kuala Lumpur, 10 April 2018 – A surge in armed attacks against ships around West Africa is pushing up global levels of piracy and armed robbery at sea, warns the International Chamber of
Commerce’s International Maritime Bureau (IMB).
IMB’s Piracy...
April 10th, 2018 | Bribery and Corruption, Corruption, Health and Safety, Maritime Fraud, Military, News, Piracy and Terrorism, Reports, Safety and Security, Seizures | Read More
BDI’s mild dive at 1,089; havoc in Geopolitics
John Faraclas
The BDI lost six points thanks to the surge of Panamaxes and the reduced fall of Capers. Geopolitics including the economy on Planet Ocean is in tatters. John Faraclas early daily briefing/recap:
The Capers’ fall was a …bit contained and the loss of 58 points brought the BCI down at...
February 15th, 2018 | Bribery and Corruption, Conferences, Seminars, Forums, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets | Read More
4 takeaways from the IMB’s latest global piracy report
Captain P. Mukundan
London, 17 October 2017 – A total of 121 incidents of piracy and armed robbery against ships were reported in the first nine months of 2017, according to the International Chamber of Commerce’s (ICC) International Maritime Bureau’s (IMB) latest quarterly report on maritime...
October 17th, 2017 | Associations, Bribery and Corruption, Corruption, Health and Safety, Insight, Maritime Fraud, Military, News, Piracy and Terrorism, Reports, Safety and Security | Read More
Capers’ volatility continues as the BDI falls. @1,344 caution is the only remedy…
John Faraclas
The BDI (Baltic Dry Index) fell 11 points since yesterday, thanks to the counter form the Panamaxes, otherwise the losses were going to be bigger. Geopolitics turn sour… and London International Shipping Week rewrites Shipping Business History: London will continue to call the shots;...
September 12th, 2017 | Associations, Bribery and Corruption, Conferences, Seminars, Forums, Corruption, Dry Bulkcarriers, Markets, News, Reports, Statistics, Stock Markets, Tankers | Read More
North P&I Club welcomes Airbus to CSO Alliance
Colin Gillespie
August 29, 2017 – North P&I Club has welcomed Airbus to the CSO Alliance, the industry-leading partnership of company security officers (CSOs) established to counter maritime crime.
Airbus, the largest aerospace company in Europe and a world-leading manufacturer, has partnered...
August 29th, 2017 | Bribery and Corruption, Corruption, Health and Safety, Maritime Fraud, P and I Clubs, Piracy and Terrorism, Safety and Security | Read More
The Pros and Cons of the BDI@1,092 amid Geopolitical uncertainty
John Faraclas
The BDI (Baltic Dry Index) – thanks to the Capers and partly to the Panamaxes, managed to gain 42 points and now reads 1,092… The Geopolitical uncertainty which seems a bit extended, as well as alarming, due to the North Korean palaver, might produce a bit of everything…and affect...
August 10th, 2017 | Bribery and Corruption, Chartering, Containers, Dry Bulkcarriers, Liner Shipping and Trade, Markets, Military, News, Piracy and Terrorism, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More
Be cautious with the BDI and Geopolitics
John Faraclas
The BDI (Baltic Dry Index) “raises” hopes given its 20 plus points rise, but be cautious as things are not that promising and in any case we are far apart the December 2013 level of 2,277 points – 1,345 points down! Geopolitics are not just an enigma, they are a harsh reality and...
July 18th, 2017 | Bribery and Corruption, Chartering, Dry Bulkcarriers, Energy, Environment, Immigration, Maritime Fraud, Markets, Safety and Security, Ship Finance, Shipfinance, Shipping Indices | Read More
Dry Market gains ten points; so what!
John Faraclas
The BDI (Baltic Dry Index) gained hooray hooray ten points earlier on today and now reads 830; the Geopolitics continue to be in a mess; John Faraclas’ daily market briefing:
Yesterday we hinted that we might see the market going for an upwards mode and it did happened…
The Capers lead...
July 11th, 2017 | Bribery and Corruption, Communication, Corruption, Dry Bulkcarriers, Energy, Environment, Markets, Military, News, Oil Industry, Religion, Reports, Safety and Security, Sanctions, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More
Falling BDI, turbulent Geopolitics leads to Armageddon
John Faraclas
The BDI (Baltic Dry Index) fell two points and now reads 820; the entire Geopolitical spectrum leads with mathematical accurancy to a modern and ultra-destructive Armageddon. John Faraclas’ daily report:
With minimal and controlled losses the BDI now reads 820 points – a crucial point...
July 10th, 2017 | Associations, Breaking News, Bribery and Corruption, Chartering, Containers, Dry Bulkcarriers, Energy, Environment, European Union, Gas, Immigration, Markets, Military, News, Oil Industry, Organisations, Religion, Safety and Security, Sanctions, Shipfinance, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More
Who isn’t afraid of the BDI@ 829…
John N. Faraclas
The BDI (Baltic Dry Index) lost 18 points earlier on today and now stands uncomfortably at 829 points; the Geopolitics inclusive of the G20 forum taking place tomorrow in Hamburg will determine a great deal of future politics and trade AND possibly the environment. John Faraclas’...
July 6th, 2017 | Associations, Bribery and Corruption, Charity, Chartering, Conferences, Seminars, Forums, Containers, Corruption, European Union, Food and Drink, IUA, Markets, Military, Oil Industry, Piracy and Terrorism, Politics and Government, Ports & Terminals, Press and Media, Safety and Security, Shipping Indices, Tankers, Trade and Commerce | Read More
2017 Q2 IMB Piracy Report
Captain P. Mukundan
London, 4 July 2017 – Continuing decline in the number of reported incidents of maritime piracy and armed robbery against ships has been revealed in the second quarter piracy report of the ICC International Maritime Bureau (IMB), published today. According to the report, the first...
July 4th, 2017 | Bribery and Corruption, Corruption, Maritime Fraud, News, Piracy and Terrorism, Reports, Safety and Security | Read More
Contained losses with the BDI@912; be alerted on Geopolitics and Terrorism…
John Faraclas
The BDI (Baltic Dry index) lost six points given that there was a contained loss for both the Capers and Panamaxes; geopolitics are worsening and Terrorism of ANY kind must be curbed. John Faraclas’ daily and weekly report:
The BDI was also down 44 points since last week’s closing...
May 26th, 2017 | Bribery and Corruption, Chartering, Climate, Container shipping, Dry Bulkcarriers, Emissions, Environment, European Union, Events, Health and Safety, Liner Shipping and Trade, Marine Insurance, Maritime Tourism, Markets, Military, News, Oceanology, Oil Industry, People and Places, Piracy and Terrorism, Politics and Government, Pollution, Ports & Terminals, Reports, Safety and Security, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce, UN | Read More
Cyber security – the increasing threat to your business, May 2017
Matthew Montgomery, senior associate at HFW
HFW Briefing: Cyber security by Matthew Montgomery
At the last count, it was estimated that Friday’s cyber attack impacted upon 200,000 victims in at least 150 countries. The attack used “WannaCry” malware to disable computer systems and present users...
May 15th, 2017 | Bribery and Corruption, Company Profiles, Legal, News, Person Profiles, Safety and Security | Read More
Maritime piracy report sees first Somali hijackings after five-year lull
Captain P. Mukundan
London and Kuala Lumpur, 4 May 2017 – Pirates and armed robbers attacked 43 ships and captured 58 seafarers in the first quarter of 2017, slightly more than the same period last year, according to the latest ICC International Maritime Bureau (IMB) piracy report.
The global report...
May 4th, 2017 | Associations, Bribery and Corruption, Corruption, Maritime Fraud, Military, News, Piracy and Terrorism, Reports, Safety and Security | Read More
Endeavour Maritime March 2017 Update
Good Afternoon,
Welcome to our regular bulletin that showcases the expanding capabilities of Endeavour Maritime.
Monaco Wealth Forum
Endeavour Maritime is pleased to announce that our managing director, Alistair Galloway, will speak at the annual Monaco...
March 10th, 2017 | Associations, Bribery and Corruption, Company Profiles, Consulting, Corruption, Events, Conferences,Forums and Symposiums, Piracy and Terrorism, Reports, Safety and Security | Read More
The BDI@856 amid mega Geopolitical mayhem
John Faraclas
The BDI (Baltic Dry Index) gained 50 (indeed you read correct, fifty) points plus and now stands at 856 points, thanks to the as ever volatile Capers; Geopolitics and in general the masses all over Planet Ocean are in a very uneasy situation. John Faraclas’ daily recap:
The Capers’...
February 23rd, 2017 | Anniversaries, Associations, Bribery and Corruption, Charity, Clubs, Communication, Corruption, Earthquakes, Tsunamis, Cyclones and Typhoons, Energy, Environment, Events, Conferences,Forums and Symposiums, Health and Safety, Immigration, Jobs, Maritime History and Museums, Markets, Military, News, Person Profiles, Reports, Safety and Security, Shipping Indices, Statistics, Stock Markets, Trade and Commerce, WISTA - Women in Shipping | Read More
“Corruption in shipping has always been there…
The panel with BIMCO’s Grant Hunter delivering his slides paper
‘Corruption in shipping has always been there, so there’s nothing we can do. I do not think that is enough any more’
Facilitation payments, made in order to “oil the wheels” to enable shipping operations to proceed on schedule...
January 18th, 2017 | Associations, BIMCO, Bribery and Corruption, Conferences, Seminars, Forums, Events, Legal, London Shipping Law Centre, Maritime Fraud | Read More
Falling Markets and Failing Geopolitics
John Faraclas
The Dry Market, “thanks” to the Capers’ fall creates shocks and Geopolitical mess brings in total failure; John Faraclas daily briefing:
The BDI (Baltic Dry Index) lost 24 points and now reads 1,162…
The Capers’ BCI 2014 lost 132 points – soon many will need …a triplex...
December 7th, 2016 | Bribery and Corruption, Conferences, Seminars, Forums, Containers, Corruption, Events, Events, Conferences,Forums and Symposiums, Exhibitions, Health and Safety, Marine Insurance, Maritime Accidents, Markets, News, P and I Clubs, Piracy and Terrorism, Safety and Security, Salvage, Towage, Wreck Removals, Shipping Indices, Statistics, Trade and Commerce | Read More
North P&I Club supports new international ‘Be Cyber Aware at Sea’ campaign
North P&I Club is continuing its drive to highlight the range of cyber threats facing shipowners through active support of the new international ‘Be Cyber Aware At Sea’ campaign. The campaign is a global maritime and offshore industry initiative to raise awareness of the increasing maritime...
November 4th, 2016 | Bribery and Corruption, Corruption, IT and Communications, Maritime Fraud, P and I Clubs | Read More
Threat to seafarers remains despite piracy clampdown, IMB reports
Captain P. Mukundan
London and Kuala Lumpur, 31 October 2016 – Kidnapping and hostage-taking persists off the coasts of West Africa and South East Asia, despite a 20-year low in piracy on the world’s seas, according to new figures from the International Chamber of Commerce (ICC) International Maritime...
October 31st, 2016 | Bribery and Corruption, Corruption, Maritime Fraud, Piracy and Terrorism, Reports, Safety and Security, Seizures | Read More
Hill Dickinson LLP and The UK Chamber of Shipping hold Crime at Sea Seminar
Maria Pittordis
The UK Chamber of Shipping in partnership with international law firm Hill Dickinson held a half-day Crime at Sea Seminar at Hill Dickinson LLP’s office at Broadgate Tower, London on the afternoon of 19th October.
This event discussed, amongst other things, how shipowners should...
October 24th, 2016 | Bribery and Corruption, Corruption, Events, Conferences,Forums and Symposiums, Maritime Fraud, Piracy and Terrorism, Safety and Security | Read More
IBIA welcomes Danish authorities’ clampdown on bunker fraud
IBIA’S CEO Peter Hall
The International Bunker Industry Association (IBIA) welcomes the fact that Danish authorities have investigated and sought to bring to justice alleged fraudulent activities perpetrated by a bunkering company in the country.
On 22 September, a Danish court sentenced...
September 26th, 2016 | Associations, Bribery and Corruption, Bunkering, Legal, Maritime Fraud | Read More
Organised-crime expert Elman Myers to be ALARYS 2016 keynote speaker
Elman Myers
Hamilton, Bermuda, September 12, 2016—Elman Myers, a former US Air Force special agent who is now a managing director at Hiscox, will be the keynote speaker at this month’s 2016 ALARYS Congress conference (www.alarys.bm) in Bermuda.
Based in Miami as Managing Director at Hiscox Special...
September 12th, 2016 | Associations, Bribery and Corruption, Corruption, Events, Conferences,Forums and Symposiums, Maritime Fraud, Piracy and Terrorism, Safety and Security | Read More
Still a low dry market with the BDI@718…
John Faraclas
Despite going over and above the 700 threshold the BDI (Baltic Dry Index) we are still in a very low dry market; Geopolitics as said in the past, and shipfinance scandals that will surface, will drive the stakeholders mad. John Faraclas warns of dangers again:
With a dozen points plus...
August 25th, 2016 | Bribery and Corruption, Earthquakes, Tsunamis, Cyclones and Typhoons, Events, Conferences,Forums and Symposiums, Exhibitions, Immigration, Maritime Fraud, Markets, Religion, Sanctions, Shipfinance | Read More
