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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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In the first nine months of 2024, reported incidents of piracy and armed robbery fell to the lowest levels since 1994, according to the latest report by the ICC International Maritime Bureau (IMB). Despite the lowest reported incidents in three decades, IMB and its Piracy Reporting Centre warns that crew safety remains at risk.
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A number of fictitious ‘blacklists’, recently circulated to several trading companies, do not originate from ICC Commercial Crime Services (ICC-CCS) or any of its divisions.
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London and Kuala Lumpur 11 July 2024: ICC’s International Maritime Bureau (IMB) is calling for sustained vigilance to protect seafarers amid increasing violence despite an overall drop in the number of incidents reported in IMB’s mid-year report for 2024, released today.
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