Archive for the ‘Corruption’ Category

Capers volatility brings the BDI@597

Capers volatility brings the BDI@597
John Faraclas With 30 points plus the BDI closed earlier on today at 597; a turning point? A seasonal rise or what… John Faraclas writes: The Capers and its respective BCI 2014 with an 87 points plus, now standing at 831, was the talk of the Square Mile echoing the “hidden” optimism down town Akti...
April 14th, 2016 | Corruption, Immigration, Markets, News, Reports, Sales and Purchases, Ship Finance, Shipping Indices, Stock Markets | Read More

5-17 what another “coincidental” figure for the BDI…

5-17 what another “coincidental” figure for the BDI…
John Faraclas With 17 points plus the BDI closed earlier this afternoon at 517 points, “thanks” to the otherwise  volatile and unpredictable” Capers who “stole” the show… John Faraclas reports on the Shipping Markets latest projections and Geopolitics affecting same for both...
April 7th, 2016 | Associations, Charity, Corruption, Immigration, Markets, Military, News, Organisations, Ports & Terminals, Shipfinance | Read More

Singtel and Inmarsat announce strategic partnership…

Singtel and Inmarsat announce strategic partnership…
left – Mr Andrew Lim, Managing Director, Business Group, Group Enterprise at Singtel; right – Mr Ronald Spithout, President Inmarsat Maritime Singtel and Inmarsat announce strategic partnership to strengthen global maritime cyber security capabilities Singapore and London,  6 April 2016: Singapore...
April 6th, 2016 | Communication, Company Profiles, Corruption, IT and Communications, News, Reports, Safety and Security, Shipmanagement | Read More

The Shipping Markets rebound: …so far away*

The Shipping Markets rebound: …so far away*
John Faraclas Earlier than usual due, to Christianity’s first** Easter Celebrations, comes our weekly market report; John Faraclas Writes: The BDI was up five points since yesterday at 406 points; that’s plus 11 since last week’s closing at 395 points – better than going down… The BCI 2014,...
March 24th, 2016 | Associations, Bribery and Corruption, Corruption, Health and Safety, Immigration, Maritime Accidents, Maritime Fraud, Markets, Military, Piracy and Terrorism, Ports & Terminals, Safety and Security, Shipping Indices, Statistics, Stock Markets | Read More

Hot Port News from GAC

Hot Port News from GAC
                22-Mar-2016 IMPLEMENTATION OF FIRST DRAFT RESTRICTION Panama Canal, Panama AIRPORT AND METRO CLOSED AFTER EXPLOSIONS Brussels, Belgium Implementation of First Draft Restriction Tuesday, March 22, 2016, Panama Canal, Panama Effective April...
March 22nd, 2016 | Canals, Civil Unrest, Corruption, Inland Waterways, Piracy and Terrorism, Port Conditions, Ports & Terminals, Safety and Security | Read More

IMRF Aegean rescue makes an impact

IMRF Aegean rescue makes an impact
From the port of Chios London, Tuesday, March 22. The International Maritime Rescue Federation (IMRF) remains committed to developing the maritime search and rescue (SAR) capability of the Greek volunteer service, even following the EU Turkey agreement. “We committed to help until the maritime rescue...
March 22nd, 2016 | Bribery and Corruption, Charity, Clubs, Communication, Corruption, Health and Safety, Immigration, News, Reports, Safety and Security, Salvage, Towage, Wreck Removals | Read More

Only at 2, 000 plus points the BDI(and Shipping) will make sense…

Only at 2, 000 plus points the BDI(and Shipping)  will make sense…
John Faraclas Whilst the BDI is…approaching the 400 points threshold, in reality and despite what the media and analysts report, as well as what the owners and managers want – needless to say the expectations from the stock markets for the listed companies and the financiers’ interest, given...
March 21st, 2016 | Chartering, Civil Unrest, Containers, Corruption, Disputes, Dry Bulkcarriers, Fixtures, Gas, Health and Safety, Immigration, Markets, News, Oil Industry, Safety and Security, Sales and Purchases, Sanctions, Ship Demolitions, Ship Finance, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Long-term decline in shipping losses continues but economic pressures, cyber risk and superstorms challenge safety progress

Long-term decline in shipping losses continues but economic pressures, cyber risk and superstorms challenge safety progress
Rahul Khanna Long-term decline in shipping losses continues but economic pressures, cyber risk and superstorms challenge safety progress 85 large ships lost worldwide in 2015, down by 45% over a decade Total losses in the British Isles down year-on-year. Region remains top long-term hotspot for incidents....
March 21st, 2016 | Comment, Corruption, Marine Insurance, Markets, Reports, Safety and Security | Read More

A struggling BDI @ 395…

A struggling BDI @ 395…
John Faraclas With a total geopolitical and economic mess and with the possibility of a total economic global collapse the BDI struggles at 395 points; John Faraclas on the weekly shipping markets and geopolitics: The BDI was up three point closing at 395, that’s seven points up since last week’s...
March 18th, 2016 | Corruption, Immigration, Markets, Shipping Indices | Read More

Insurance industry must learn from global markets to meet challenge of huge rise in cyber-risk

Insurance industry must learn from global markets to meet challenge of huge rise in cyber-risk
Prof Ruth Taplin (left), and Helen Dalziel of the IUA. Insurance industry must learn from global markets to meet challenge of huge rise in cyber-risk, Prof Ruth Taplin warns at IUA market briefing. By James Brewer Under-reporting of cyber attacks on, and threats to, businesses globally has become a...
March 18th, 2016 | Associations, Corruption, Insurance and Reinsurance, IT and Communications, IUA, Marine Insurance, Markets, News | Read More

Cyber Security Roundtable Identifies Key Issues of Concern to Maritime Industry

Cyber Security Roundtable Identifies Key Issues of Concern to Maritime Industry
l-r: Mike Mitsock, VP of Marketing at KVH, Angus Frew, Secretary General, BIMCO, Denis PETROPOULOS, President, Braemar Asia and Nigel Cleave, CEO of Videotel KVH-hosted session points to wide range of human and technical issues responsible for a variety of vulnerabilities MIDDLETOWN, RI – March 22,...
March 11th, 2016 | Corruption, Events, Conferences,Forums and Symposiums, Legal, Maritime Fraud, Safety and Security | Read More

Managing Cyber Risk in the Financial Sector…

Managing Cyber Risk in the Financial Sector…
Prof. Ruth Taplin Managing Cyber Risk in the Financial Sector: new book edited by Ruth Taplin urges wide-ranging response to crime that costs businesses $500bn a year By James Brewer As Professor Ruth Taplin flatly states in her introductory chapter to the new book she has edited, the question of cyber...
February 23rd, 2016 | Banking, Books, Communication, Corruption, Finance, Safety and Security, Shipfinance | Read More

Global Security threats assessed and displayed…

Global Security threats assessed and displayed…
GLOBAL SECURITY THREATS ASSESSED AND DISPLAYED ROUND THE CLOCK IN NEW INTERACTIVE MAP Ship owners and managers can now view what security threats a country poses to shipping lines with the click of a button thanks to a new live interactive map. The security and risk mapping system RiskMap provides a...
February 9th, 2016 | Associations, Bribery and Corruption, Civil Unrest, Corruption, Defense, Health and Safety, Marine Equipment Products and Services, Marine Insurance, Maritime Fraud, Safety and Security | Read More

The Migrants issue continues…

The Migrants issue continues…
John Faraclas Without prejudice Anathema and Migrants: Human Aggression at its best! Why all this hypocrisy by all involved and in particular from the so called politically correct EU’s masters of colonialism? Do they have an idea what an… ism ending means and entails…? John Faraclas’s insight...
February 1st, 2016 | At the end of the day..., Bribery and Corruption, Civil Unrest, Claims, Corruption, Defense, Health and Safety, HR, Immigration, Insight, Maritime Accidents, Maritime Fraud, Military, News, P and I Clubs, Religion, Sanctions, Seizures | Read More

IUA research reveals complex cyber risk picture

IUA research reveals complex cyber risk picture
Chris Jones New report shows how separate cyber polices can fill insurance gap The coverage of cyber risks by conventional classes of insurance can be patchy, new research by the International Underwriting Association has revealed. A report issued to the association’s members details how some traditional...
January 18th, 2016 | Associations, Corruption, Insurance and Reinsurance, IT and Communications, IUA, Marine Insurance, Technical, Technology | Read More

Security Institute update

Security Institute update
Jonathon Bright Security Institute – a great time to join; an interesting letter received from Jonathon Bright: Dear John, Just a quick e-mail to wish you a Happy New Year and to highlight a few reasons why it is now a great time to join the largest membership organisation for security professionals...
January 15th, 2016 | Associations, Bribery and Corruption, Claims, Corruption, Defense, Disputes, Health and Safety, Maritime Fraud, Piracy and Terrorism, Safety and Security, Sanctions, Seizures | Read More

TT Club Warns of the Changing Risk Profile at Ports and Terminals

TT Club Warns of the Changing Risk Profile at Ports and Terminals
Dubai and London, 17 December, 2015 – As pivotal hubs within global trade, container ports and terminals face risks that have potentially serious consequences for international supply chains. At a recent speech to the TOC Middle East Conference in Dubai, Julien Horn, of leading insurance provider...
December 17th, 2015 | Corruption, Events, Conferences,Forums and Symposiums, Exhibitions, Health and Safety, Logistics, Maritime Accidents, Maritime Fraud, P and I Clubs, Piracy and Terrorism, Port Conditions, Ports & Terminals, Safety and Security | Read More

Human Rights at Sea and IBA launch initiative to capture maritime abuses with eyeWitness app

Human Rights at Sea and IBA launch initiative to capture maritime abuses with eyeWitness app
David Hammond and Wendy Betts Today, Human Rights at Sea (HRAS) announced the launch of an initiative to use the eyeWitness to Atrocities App to record human rights abuses occurring at sea. Developed by the International Bar Association (IBA), the App, through its unique capabilities will enable those...
December 7th, 2015 | Associations, Bribery and Corruption, Claims, Corruption, Health and Safety, HR, Legal, Marine Insurance, Maritime Accidents, Maritime Fraud, News, Person Profiles, Press and Media, Safety and Security, Technical, Technology | Read More

Holiday Bonanza For The Cyber Criminal

Holiday Bonanza For The Cyber Criminal
Joseph Carson KEEP THE ‘MINCE PIES’ PEELED THIS HOLIDAY* The staff slowdown in the run up to the festive season could leave companies vulnerable to a cyber-attack, according to ESC Global Security. With staff frequently away from their desks or, after a turkey lunch, a mince pie and a glass of mulled...
November 26th, 2015 | Associations, Bribery and Corruption, Corruption, IT and Communications, Marine Equipment Products and Services, Maritime Fraud, Maritime Fraud, Piracy and Terrorism, Safety and Security | Read More

Hot Port News from GAC

Hot Port News from GAC
  25-Nov-2015 SANDRA COULD REACH HURRICANE STRENGTH Eastern Pacific STRONG POTENTIAL FOR FOG Galveston Bay, USA BIMCO LAUNCHES ANTI-CORRUPTION CLAUSE FOR SHIPPING CONTRACTS WORLDWIDE Worldwide Sandra could reach hurricane strength Wednesday, November 25, 2015, Eastern Pacific Interests...
November 25th, 2015 | Associations, BIMCO, Bribery and Corruption, Corruption, Earthquakes, Tsunamis, Cyclones and Typhoons, Maritime Fraud, Port Conditions, Weather | Read More

Home Office Security Minister to open Transport Security Expo

Home Office Security Minister to open Transport Security Expo
Rt Hon John Hayes MP On 2nd December, the Rt Hon John Hayes MP, UK Security Minister at the Home Office, will be officially opening this year’s Transport Security Expo at Olympia London. An MP since 1997, Mr Hayes has held a number of shadow ministerial and Government roles, including Minister of...
November 10th, 2015 | Bribery and Corruption, Civil Unrest, Corruption, Defense, Disputes, Events, Conferences,Forums and Symposiums, Exhibitions, Health and Safety, Maritime Fraud, Military, Piracy and Terrorism, Safety and Security, Sanctions, Seizures | Read More

Shipowners’ holistic approach to maritime security

Shipowners’ holistic approach to maritime security
Jakob Paaske Larsen the global security manager for Maersk Line In a move intended to allow the European shipping industry to stay abreast of recent developments, European shipowners have widened the scope of the former ECSA Piracy Working Group, which has been renamed “ECSA Maritime Security Working...
November 10th, 2015 | Associations, Bribery and Corruption, Civil Unrest, Company Profiles, Corruption, Defense, European Union, Marine Insurance, Military, Person Profiles, Piracy and Terrorism, Safety and Security, Sanctions, Seizures, UN | Read More

Another success of the Hellenic Coast Guard off Crete

Another success of the Hellenic Coast Guard off Crete
The m/v Rosetta with the containers onboard carrying contraband cigarettes Using reliable information appropriately coming from one of its patrolling aircrafts, the Hellenic Harbour Corps/Hellenic Coast Guard located in the early hours of yesterday, a large quantity of contraband cigarettes carried on...
November 7th, 2015 | Arrest of ships, Bribery and Corruption, Corruption, Maritime Fraud, Military, Safety and Security, Seizures | Read More

Transport Security Expo – 2 and 3 December 2015

Transport Security Expo – 2 and 3 December 2015
From last year’s Aviation’s Security Conference Transport Security Expo’s wide-ranging conference and seminar programme will be free-to-attend 2-3 December 2015 / Olympia London Transport Security Expo will this year be delivering more learning opportunities than ever before – and all...
November 6th, 2015 | Associations, Bribery and Corruption, Civil Unrest, Corruption, Defense, Events, Conferences,Forums and Symposiums, Exhibitions, Health and Safety, Marine Insurance, Military, Piracy and Terrorism, Ports & Terminals, Safety and Security, Seizures | Read More

Arrests and prosecutions – a positive response to piracy

Arrests and prosecutions – a positive response to piracy
Captain P. Mukundan London 2 November 2015 – Despite an overall global reduction in serious piracy attacks this year, the International Maritime Bureau’s Piracy Reporting Centre (IMB PRC) cautions against complacency in its 2015 report for the year to 30 September. Southeast Asia cracks down In Southeast...
November 2nd, 2015 | Bribery and Corruption, Claims, Corruption, Defense, Marine Insurance, Maritime Fraud, Piracy and Terrorism, Reports, Safety and Security | Read More