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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, 13 January 2021 – The International Chamber of Commerce’s International Maritime Bureau (IMB)’s annual piracy report recorded an increase of piracy and armed robbery incidents in 2020.
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The ICC International Maritime Bureau (IMB) is inviting non-vessel owning common carriers or NVOCCs to sign up to its IMB NVOCC Register.
NVOCCs that do so stand to benefit from being recognised as adhering to an agreed standard of anti-fraud measures.
They can use the fact that they are listed on the IMB Register to demonstrate that they are abiding by a Code of Conduct for the issuance of bills of lading (BLs) i.e. that they are the “good guys”.
This in turn gives trade banks confidence that the transport documentation generated by NVOCCs have been properly issued, and hopefully speed up the process of clearing those transactions.
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London and Kuala Lumpur, 14 October 2020 – ICC International Maritime Bureau (IMB) figures show a rise in piracy and armed robbery on the world’s seas in the first nine months of 2020, with a 40% increase in the number of kidnappings reported in the Gulf of Guinea, compared with the same period in 2019. Pirates armed with guns and knives are abducting bigger groups of seafarers at further distances off the West African coast.
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Somalia pirates have freed the last three of the 3,639 hostages held in captivity over the past five years.
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