Archive for the ‘Corruption’ Category

Training against cyber-attack in the maritime sector

Training against cyber-attack in the maritime sector
The Institute of Marine Engineering, Science & Technology (IMarEST)’s MLA College, together with the University of Sunderland and Stapleton International, has developed an online Maritime Cyber Risk Awareness Course to help address an industry-wide lack of preparedness against digital threats Modern...
March 13th, 2019 | Communication, Corruption, Events, Conferences,Forums and Symposiums, IMarEST, IT and Communications, Maritime Education and Training, Maritime Fraud, Safety and Security | Read More

Charity calls for ship owners to embrace conflict resolution as a matter of urgency, following three knife attacks at sea in as many weeks

Charity calls for ship owners to embrace conflict resolution as a matter of urgency, following three knife attacks at sea in as many weeks
Stuart Rivers International maritime charity Sailors’ Society is calling on ship owners to embrace conflict resolution as a matter of urgency, following three knife attacks at sea in almost as many weeks. Sailors’ Society’s CEO Stuart Rivers said, “The tragic news, that two people were killed...
February 22nd, 2019 | Charity, Claims, Corruption, Health and Safety, News, Piracy and Terrorism | Read More

Midweek blues: The BDI@622 as Capes continue to disappoint…

Midweek blues: The BDI@622 as Capes continue to disappoint…
John Faraclas The BDI (Baltic Dry Index) lost 13 points earlier on today “THANKS” to the cursed Capes… Geopolitics continue to be more than messy. John Faraclas’ brief recap: The Capes lost 72 points and the BCI now stands at 578 – it lost the 600 points threshold and things might get sour…...
February 20th, 2019 | Banking, Chartering, Comment, Corruption, Dry Bulkcarriers, Fixtures, Insight, Markets, News, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

IMB piracy report 2018: attacks multiply in the Gulf of Guinea

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

ITIC puts members on alert after uncovering fraudulent diversion of cash

ITIC puts members on alert after uncovering fraudulent diversion of cash
International Transport Intermediaries Club (ITIC) has warned its members to perform proper bank account checks when transferring funds to principals and intermediaries. The warning comes following the fraudulent diversion of a significant sum of cash transmitted in good faith by ship agents to the master...
December 17th, 2018 | Corruption, Maritime Fraud, P and I Clubs | Read More

Digital defence in the maritime industry

Digital defence in the maritime industry
As owners act to fortify their ships and shore-side operations against cyber risk in the face of evolving threats and imminent regulation, DNV GL has expanded its services to cover control systems, software, procedures and human factors.  by Svante Einarsson, Senior Cyber Security Advisor, DNV GL Although...
November 21st, 2018 | Classification Societies, Corruption, Insight, IT and Communications, Marine Equipment Products and Services, Maritime Fraud, Safety and Security, Technical, Technology | Read More

Global insurance and trade grapple with blockchain innovation

Global insurance and trade grapple with blockchain innovation
Prof Michael Mainelli. Global insurance and trade grapple with blockchain innovation By James Brewer Blockchain, a system that has seen substantial growth in 2018, holds out immense promise for mitigating business and financial risk, a conference in the heart of London’s insurance market heard. The...
November 15th, 2018 | Banking, Conferences, Seminars, Forums, Corruption, Finance, Insight, Insurance and Reinsurance, Marine Insurance, Maritime Fraud, Safety and Security, Shipfinance | Read More

The BDI@1,231 …medieval figures that hurt

The BDI@1,231 …medieval figures that hurt
John Faraclas The BDI (Baltic Dry Index) is now 1,016 points below the figure as of the end of December 2013 when it stood at 2,247 points. Geopolitics with all types of wars dangerously spreading; IBIA’s 2018 Convention finale more than a cause to celebrate! John Faraclas daily briefing: The BDI by...
November 8th, 2018 | Alternative Sources of Energy, Chartering, Comment, Conferences, Seminars, Forums, Corruption, Dry Bulkcarriers, EEZ, Emissions, Energy, Environment, Gas, Markets, News, Oil Industry, Pollution, Reports | Read More

Record‐low hijackings yet danger persists in Gulf of Guinea, shows latest global piracy report

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

HRAS News: UK Anti Slavery Day – 18 October 2018

HRAS News: UK Anti Slavery Day – 18 October 2018
UK Anti Slavery Day – 18 October 2018 Thursday 18th of October is Anti-Slavery Day in the UK. While many may think slavery is a thing of the past, modern slavery is estimated to be a £115 billion industry. Human trafficking is an intertwined issue with modern slavery, with the ILO estimating 21 million...
October 19th, 2018 | Anniversaries, Charity, Communication, Corruption, HR, Manning - Seafarers and Offshore | Read More

World’s largest anti-corruption conference to take place in Copenhagen, Denmark, 22-24 October

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

Naval Dome calls on Insurers to revoke Clause CL 380

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

Doraleh port terminal may in future be leveraged as a processing center for the illegal arms trade

Doraleh port terminal may in future be leveraged as a processing center for the illegal arms trade
EXX Africa published a special report on the arms trade in the Horn of Africa LONDON, United Kingdom, September 3, 2018/ — EXX  Africa (www.EXXAfrica.com)  A published a special report on the arms trade in the Horn of Africa. Download the report: https://bit.ly/2CcF7hr The trade of illegal...
September 3rd, 2018 | Corruption, Maritime Fraud, Ports & Terminals, Reports | Read More

ReCAAP Information Sharing Centre and Philippine Coast Guard meeting on security…

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

Fuel contamination – a get me home solution?

Fuel contamination – a get me home solution?
An example of a damaged plunger Contaminated fuel now also found in the world’s largest ship refuelling hub, Singapore, in addition to the Americas, has resulted in engine failures and mechanical damage according to a recent report from a Singapore-based marine fuel surveyor. Given certain parameters,...
August 2nd, 2018 | Bunkering, Corruption, Environment, Technical, Technology | Read More

Blaze and Blame

Blaze and Blame
.John Faraclas WITHOUT PREJUDICE Blaze and Blame Eight days have passed since the despicable events of the 23rd of July in Attica – mainly hitting Kineta, Mati, Rafina, Little Red Port, Neos Voutzas in the wildfires inferno which until this moment have claimed the lives of 92 people including young...
July 31st, 2018 | Corruption, Health and Safety, Insight, Politics and Government, Safety and Security | Read More

Naval Dome CEO Itai Sela comments on COSCO cyber-attack

Naval Dome CEO Itai Sela comments on COSCO cyber-attack
Itai Sela “Reports that cyber hackers have successfully attacked COSCO Shipping Line’s Long Beach customer service centre, is very worrying indeed. While COSCO shut down its connections as a precautionary measure, we have to emphasise that ships are not islands, they are not self-contained units....
July 26th, 2018 | Corruption, Maritime Fraud, Safety and Security | Read More

BLOC announces consortium for blockchain in bunkering with Lloyd’s Register, BIMCO, Precious Shipping, Bostomar, IBIA, and GoodFuels

BLOC announces consortium for blockchain in bunkering with Lloyd’s Register, BIMCO, Precious Shipping, Bostomar, IBIA, and GoodFuels
Image by Igor Grochev/Shutterstock.comBlockchain technology set to increase in transparency and traceability in marine fuel supply chain. Consortium will demonstrate the application of blockchain as a means of facilitating an increase in transparency and traceability in marine fuel supply chain as part...
July 26th, 2018 | Associations, BIMCO, Bunkering, Corruption, News, Ports & Terminals | Read More

New IMB report shows persistent piracy risk in Gulf of Guinea

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

Misappropriation, fraudulent documents and non-physical loss…

Misappropriation, fraudulent documents and non-physical loss…
Misappropriation, fraudulent documents and non-physical loss: the Commercial Court provides clarification on the proper construction of All Risks marine cargo cover Engelhart CTP (US) LLC v Lloyd’s Syndicate 1221 for the 2014 Year of Account and others [27.03.2018] On 23 April 2018 the judgment on...
April 24th, 2018 | Corruption, Marine Insurance, Maritime Fraud | Read More

Pirate attacks worsen in Gulf of Guinea

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

Steamship mutual on Criminal Finances Act 2017

Steamship mutual on Criminal Finances Act 2017
Criminal Finances Act 2017 – Extension of corporate accountability – General Guidance to Members The UK Criminal Finances Act 2017 (the Act) came into force on 30 September 2017 as part of the UK Government’s crackdown on economic crime and the pursuit of corporate accountability. This note summarises...
March 16th, 2018 | Corruption, P and I Clubs | Read More

The BDI@1,212 poses many question marks… geopolitics too…

The BDI@1,212 poses many question marks… geopolitics too…
John Faraclas The BDI (Baltic Index) gained just two points and remained stranded at 1,212 points; Geopolitics continue to be more than perplexed. John Faraclas’ daily briefing: The Capers’ BCI lost ten points and now stands at 1,587… The Panamaxes “surged” with 26 points and the BPI now reads...
March 6th, 2018 | Anniversaries, Automobiles, Corruption, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets | Read More

Blockchain only as strong as its weakest link – opportunities and challenges for the shipping industry

Blockchain only as strong as its weakest link – opportunities and challenges for the shipping industry
.. LONDON, 5 March 2018 – Blockchain has vast potential in a world where over 90 per cent of goods in global trade are carried by ships, and shipping transactions often involve dozens of people and organisations and can generate hundreds of interactions and communications among them. It is not surprising...
March 5th, 2018 | Corruption, Insight, Legal, Maritime Fraud | Read More

U-FREIGHT supports TAPA’s supply chain security efforts

U-FREIGHT supports TAPA’s supply chain security efforts
The news that cargo thefts at unsecured locations in the Europe, Middle East and Africa (EMEA) region accounted for 173 or 85.1 percent of incidents reported in November 2017, is further evidence of the need for diligence in supply chain security, says international freight forwarding and logistics company,...
February 12th, 2018 | Associations, Claims, Corruption, Logistics, Port Conditions, Safety and Security | Read More