Archive for the ‘Maritime Fraud’ Category

Shipping is near-helpless against Mafia-style hijacking of fuel cargoes off West Africa, IUMI conference told

Shipping is near-helpless against Mafia-style hijacking of fuel cargoes off West Africa, IUMI conference told
Shipping is near-helpless against Mafia-style hijacking of fuel cargoes off West Africa, IUMI conference told,  By James Brewer Highly organised theft of oil cargoes in the Gulf of Guinea has become “a near perfect crime, ” underwriters heard at the annual conference of the International Union of...
September 16th, 2013 | Environment, Maritime Fraud, Strikes | Read More

The World Economy’s and Shipping’s missing ingredient is Transparency!

The World Economy’s and Shipping’s missing ingredient is Transparency!
John N. Faraclas The World Economy’s and Shipping’s missing ingredient is Transparency! (Part 1) By John Faraclas Transparency to all markets; transparency to all exchanges, transparency, regulation, and crash tests to all intents and purposes! Transparency includes regulation! We have numerous...
August 14th, 2013 | Associations, Energy, Environment, HR, IMO, Insurance and Reinsurance, Maritime Fraud, Markets, News, Piracy and Terrorism, Shipfinance, Shipmanagement, WISTA - Women in Shipping | Read More

Caution: World shipping markets are down!

Caution: World shipping markets are down!
John N. Faraclas The following are the main points from the latest John Faraclas live over the phone from Milos island interview to Niki Lymperakis of SBC TV last Friday, the 26th of July 2013; please click below, listen and comment: Niki Lymperakis entered the interview with the shipping markets saga...
July 30th, 2013 | Arrest of ships, Maritime Fraud, Markets, News, Safety and Security, Shipfinance | Read More

Zero time for the Shipbuilding Industry

Zero time for the Shipbuilding Industry
Without Prejudice Zero time for the Shipbuilding Industry By John Faraclas Last Friday during my regular SBC TV live shipping markets analysis and world politics, the interviewer presenter Nike Limberakis, given my views on this sector, raised the issue of the shipyards crisis, saying that according...
July 15th, 2013 | Breaking News, Labour Disputes, Maritime Fraud, Shipbuilding and Shipyards | Read More

Iran Sanctions

Iran Sanctions
11th July 2013 – Currently, under the Club Rules, there is no right of recovery for any claim if it arises out of or is  consequent upon the insured vessel being engaged in any activity that exposes the Club to any sanctions,  prohibition or restrictions under United Nations resolutions, sanction...
July 11th, 2013 | Maritime Fraud, P and I Clubs, Sanctions | Read More

The Snowden spy saga: Skeletons in the cupboard of the French too…? Who’s next…

The Snowden spy saga: Skeletons in the cupboard of the French too…? Who’s next…
John N. Faraclas Without prejudice The Snowden spy saga: Skeletons in the cupboard of the French too….? Who’s next… By John Faraclas Back in the summer of 2000,   I stressed the importance of privacy in the shipping industry – like any other business, but here due to the colossal amounts of...
July 6th, 2013 | Comment, Corruption, IT and Communications, Maritime Fraud, Social Columns | Read More

Greece can be the leader, not only in Shipping, but beyond that, if the political cost is set aside…

Greece can be the leader, not only in Shipping, but beyond that, if the political cost is set aside…
John N. Faraclas The following are the main points – in brief –  from the latest John Faraclas live interview to Panos Thomakos on SBC TV last Friday the 8tht of March 2013: 1)Faraclas begun with the International Women’s day. He said that: “… the success in shipping and particularly...
March 13th, 2013 | Bribery and Corruption, Corporate Social Responsibility, Cruise Industry, Dialogs and Debates, European Union, Marine Equipment Products and Services, Maritime Fraud, Mergers and Acquisitions, News, Politics and Government, Ports & Terminals, Safety and Security, Sanctions, Ship Conversions, Ship Demolitions, Shipbuilding and Shipyards, Shipping Centers, Shipping Indices, Shiprepair, Stock Markets, Tourism, Trade and Commerce | Read More

BIFA alerts members to scrap metal export risks

The British International Freight Association (BIFA) – www.bifa.org – is alerting its members and the international trading community of a possible consequence from the crackdown on the UK scrap metal trade after a warning from the Serious Organised Crime Agency (SOCA) about suspicious locations...
March 7th, 2013 | Associations, Bribery and Corruption, Environment, Maritime Fraud, Politics and Government, Safety and Security, Ship Demolitions, Trade and Commerce | Read More

The BankServe Guide 2013

The BankServe Guide 2013
The Insurance Aspects of Shipping and Offshore Financing, by Graham Barnes and edited by Peter Mellett This 200 plus page guide is one of the very few that can greatly minimise your shipping and offshore financing risks to all intents and purposes. This is the second edition of the Bankserve Guide to...
February 23rd, 2013 | Banking, Books, Insurance and Reinsurance, Legal, Marine Insurance, Maritime Accidents, Maritime Fraud, News, Oil Platforms and Rigs, Reports, Safety and Security, Shipfinance, Shipmanagement, Stock Markets, Trade and Commerce | Read More

UKHO warns of dangers posed by counterfeit nautical charts

Counterfit product left, official product on the right The United Kingdom Hydrographic Office has issued a warning over the dangers posed to the safety of vessels, crews and cargoes by counterfeit nautical charts and publications and has produced a simple guide to help identify genuine Admiralty products. The...
February 19th, 2013 | Marine Equipment Products and Services, Maritime Fraud, Regulatory | Read More

The World, Europe and Greece – a political, economic comment from a shipping perspective – part 2.

The World, Europe and Greece – a political, economic comment from a shipping perspective – part 2.
John Faraclas The World, Europe and Greece – a political, economic comment from a shipping perspective – part 2. By John Faraclas Firstly, I repeat, reiterate and quote in full the first para of last year’s comment (20 Oct.2012) that “All our previous analysis and views on the Shipping Markets...
February 10th, 2013 | Academia, Accountancy, Bribery and Corruption, Comment, Corporate Social Responsibility, Environment, European Union, Health and Safety, IMO, Marinas, Maritime Fraud, Markets, Piracy and Terrorism, Politics and Government, Ports & Terminals, Safety and Security | Read More

DA-Desk join the Maritime Anti-Corruption network (MACN) as associate member

Domenico Carlucci Continues its Ongoing Commitment to Furthering Compliance Within the Maritime Industry SHARJAH, UAE – JANUARY 22, 2013 – In 2011, when the UK Bribery Act took effect, it had an immediate impact on the maritime industry– and was an underlying stimulus for the formation of the Maritime...
January 22nd, 2013 | Maritime Fraud | Read More

IMB warns against fake cargo tracking websites

Wednesday, 28 November 2012 11:45 The ICC International Maritime Bureau (IMB) is warning against fraudulent cargo tracking websites.   Such sites have been created and improved over the years to add legitimacy for fraudsters to entrap their would-be victims. This is particularly true for containerised...
November 29th, 2012 | Maritime Fraud, Piracy and Terrorism | Read More

Notes on a scandal

A dramatic fall from grace can be expensive for brands that align themselves to celebrities It is one of the biggest sports doping scandals in history and the fallout continues. Lance Armstrong received a lifetime ban from taking part in competitive cycling and was stripped of his seven Tour de France...
November 25th, 2012 | Insurance and Reinsurance, Legal, Maritime Fraud | Read More

The data cloud darkens

The data cloud darkens
Tue 06 Nov 2012 – European companies must act now to protect themselves against the growing threat of cyber crime. “Most companies do not understand the cyber risks they face today, ” says Robin Kroha, director of corporate security management at HiSolutions AG in Berlin and one of the Market...
November 7th, 2012 | Maritime Fraud, Piracy and Terrorism, What Others Say | Read More

New UK bribery guidance: Green turns on a red light

Since becoming Director of the UK’s Serious Fraud Office (SFO), David Green CB QC has not wasted time in stamping his own authority on the organisation and reasserting its primary role as a prosecutor. The honeymoon period for self-reporting under the previous Director is over. As one commentator has...
October 18th, 2012 | Legal, Maritime Fraud | Read More