Archive for the ‘Bribery and Corruption’ Category
IMB piracy report 2018: attacks multiply in the Gulf of Guinea
Captain P. Mukundan
London and Kuala Lumpur, 16 January 2019 – Piracy increased on the world’s seas in 2018, with a marked rise in attacks against ships and crews around West Africa, the International Chamber of Commerce’s International Maritime Bureau’s (IMB) latest annual piracy report reveals.
Worldwide,...
January 16th, 2019 | Arrest of ships, Bribery and Corruption, Claims, Corruption, Insight, Maritime Fraud, News, Piracy and Terrorism, Reports, Safety and Security | Read More
Markets in despair but hope and success is there only for the adventurous risk-takers…
John Faraclas
The BDI (Baltic Dry Index) fall was very much contained, thanks once again to the volatile Capes. The New Year as we believe might begin when the Far East and mainly Japan begin to kick-off. Geopolitics as ever messy. John Faraclas’ daily and …Festive Season’s recaps:
The...
January 4th, 2019 | Bribery and Corruption, Chartering, Emissions, Energy, Environment, Insight, Markets, Military, News, Pollution, Reports, Shipping Indices, Stock Markets, Tankers, Trade and Commerce | Read More
IMCA launches code of conduct for members
Allen Leatt, CEO, IMCA
New Code of Conduct
Fully in line with 2018 ethics programme
The International Marine Contractors Association (IMCA) has developed a new Code of Conduct for its Members. This represents the final stage of a three stage programme launched this year, comprising:
A Code of...
December 21st, 2018 | Associations, Bribery and Corruption, Regulatory | Read More
Liberia becomes first flag state to join the Maritime Anti-Corruption Network
Alfonso Castillero
Liberia has become the first ship registry to be admitted to the Maritime Anti-Corruption Network (MACN) as an associate member.
Alfonso Castillero, CCO of the Liberian Registry, says, “We are greatly honoured to be the first ship registry admitted as an associate member of the...
November 16th, 2018 | Bribery and Corruption, Flags, Safety and Security | Read More
IMCA launches Ethics and Compliance Programme
Allen Leatt
Doing Business Without Bribery – a free online ABC training program for its Members
IMCA is developing an ethics programme to support its membership comprising three phases:
A Code of Practice for the Secretariat which was put in place earlier this year.
An Anti-Bribery and Corruption (ABC) eLearning module...
November 12th, 2018 | Associations, Bribery and Corruption, Insight, Maritime Education and Training, News | Read More
Record‐low hijackings yet danger persists in Gulf of Guinea, shows latest global piracy report
Captain P. Mukundan
A total of 156 incidents of piracy and armed robbery against ships were reported to the ICC International Maritime Bureau’s (IMB) Piracy Reporting Centre (PRC) in the first nine months of 2018 compared to 121 for the same period in 2017.
The 2018 figure is broken down as 107 vessels...
October 29th, 2018 | Bribery and Corruption, Claims, Corruption, Headlines, Health and Safety, HR, Insight, Marine Insurance, Maritime Accidents, Maritime Fraud, Military, News, Piracy and Terrorism, Ports & Terminals, Safety and Security, Seizures | Read More
Piracy and Sea Robbery Situation in Asia for January to September 2018
Piracy and Sea Robbery Situation in Asia for January to September 2018
Single-sheet Summary for ReCAAP ISC 3rd Quarter 2018 Report (Pg 1)
Summary
A total of 64 incidents of piracy and armed robbery against ships (comprising 50 actual incidents and 14 attempted incidents) reported in Asia during...
October 12th, 2018 | Bribery and Corruption, Maritime Fraud, Piracy and Terrorism, Reports | Read More
Falling BDI@1,503 a concern?
John Faraclas
The BDI (Baltic Dry Index) lost 27 points since yesterday and if same goes below the 1,500 point-threshold it will be an issue. Geopolitics equalise the theatre of the absurd! John Faraclas’ brief report:
The Capes did it again; falling 81 points and going well below the 2,000 points...
October 9th, 2018 | Banking, Bribery and Corruption, Chartering, Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets | Read More
IMCA announces impending launch of code of conduct for members and “doing business without bribery” e-Learning module
Allen Leatt, CEO of IMCA
Highly successful IMCA Contracts & Insurance Seminar attracts contractors, oil companies, legal and insurance firms
Code of Conduct for IMCA members to be launched Q4 2018
IMCA-endorsed ‘Doing Business Without Bribery’ e-learning module lined-up for Q4 2018 launch
Two...
October 3rd, 2018 | Associations, Bribery and Corruption, Conferences, Seminars, Forums, Insurance and Reinsurance, Marine Insurance, Regulatory | Read More
World’s largest anti-corruption conference to take place in Copenhagen, Denmark, 22-24 October
Berlin, 26 September 2018 – The 18th International Anti-Corruption Conference will take place from 22-24 October in Copenhagen, Denmark under the theme Together for Development, Peace and Security: Now is the Time to Act.
The world’s largest independent forum for fighting corruption will bring...
September 26th, 2018 | Associations, Bribery and Corruption, Corruption, Events, Conferences,Forums and Symposiums | Read More
Palau flies the flag for maritime anti-corruption standards
Panos Kirnidis
The fight against bribery and corruption in the shipping world is being led by Palau International Ship Registry (PISR) which is currently one of the only maritime organisations to have implemented and be certified for ISO 37001:2016 related to anti-bribery and anti-corruption standards.
Governments...
September 25th, 2018 | Bribery and Corruption, Flags | Read More
Naval Dome calls on Insurers to revoke Clause CL 380
Itai Sela
Naval Dome has called on marine insurers to revoke the controversial Clause CL 380 and implement policies that insure against the risk of cyber-attacks on ship systems.
Speaking in Cape Town, South Africa, today during the International Union of Marine Insurance’s (IUMI) annual conference,...
September 19th, 2018 | Bribery and Corruption, Comment, Conferences, Seminars, Forums, Corruption, Events, Insight, Insurance and Reinsurance, Marine Insurance, News, Safety and Security | Read More
Media advisory: Foreign bribery goes unpunished by most big exporters
Berlin, 10 September 2018 – Most of the world’s most powerful export markets are failing to punish corporations paying bribes overseas, according to a new report from Transparency International to be released on 12 September 2018.
Exporting Corruption 2018: Assessing Enforcement of the OECD Anti-Bribery...
September 10th, 2018 | Bribery and Corruption, Maritime Fraud, Reports, Safety and Security | Read More
ReCAAP Information Sharing Centre and Philippine Coast Guard meeting on security…
The first day of the meeting included a panel discussion to address questions from the audience on the current situation in the Sulu-Celebes Seas
ReCAAP Information Sharing Centre and Philippine Coast Guard Co-Organised Meeting with Government Agencies and Shipping Industry to Enhance Maritime Safety...
August 17th, 2018 | Bribery and Corruption, Corruption, Events, Conferences,Forums and Symposiums, Health and Safety, Maritime Fraud, Safety and Security | Read More
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
