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The IMB aware of the escalating level of this criminal activity, wanted to provide a free service to the seafarer and established the 24 hour IMB Piracy Reporting Centre (PRC) in Kuala Lumpur, Malaysia.
A newsletter about fraud and global asset recovery from the office of International Chamber of Commerce's FraudNet. To read about key asset recovery cases and global compliance with anti-fraud and money-laundering laws, please click in the link above for the Newsletter PDF.
CCS offers a flexible membership arrangement based on the selection of predetermined membership packages. A prospective member can elect to join one or more Bureaux according to their requirements.
Losses due to official misconduct account for a great many maritime trade incidents. Each incident can be complex and wide-ranging in nature. It is therefore unlikely that any one company will have the knowledge and resources to be able to investigate it thoroughly.
Counterfeiting and piracy are a drain on our businesses and on the global economy. It has resulted in the widespread loss of lawful employment and a massive reduction of tax revenues.
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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 Bureau (IMB).
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There have been fresh calls for shipping to be vigilant against the threats of cyber-attacks on board ships, with two prominent marine insurers highlighting the consequences of such incidences.
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As the maritime sector continues to assess the fallout from container shipping’s biggest bankruptcy case, the Seoul Central District Court has approved Hanjin Shipping’s application for receivership.
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The amount of estimated proceeds of crime currently being recovered in the EU is low; with up to 98.9% not confiscated, a recent report titled Does Crime Still Pay? Criminal Asset Recovery in the EU has revealed.
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