Skip to main content
NVOCC Articles

Corporate Fair Trade Community

By March 14, 2019October 1st, 202645,039 Comments

IMB launches initiative to curb B/L fraud

The International Maritime Bureau (IMB) has launched a new initiative aimed at curbing bills of lading (B/L) fraud carried out by non-vessel owning common carriers (NVOCCs).

Read News

News key points: 

1

B/Ls Key Documents

B/Ls are crucial documents relied upon by many stakeholders in the trading chain including banks, shipping companies, carriers and charterers.
2

IMB checks B/L for its members

While the vast majority of NVOCCs issue B/Ls correctly, there is a small minority that do not.
3

95% false B/Ls

IMB’s says that up to 95 percent of the false B/Ls identified by the Bureau are issued by NVOCCs.
4

An IMB spokesman said

“Incidents of ship owners/carriers or their agents issuing false B/Ls are uncommon because they take a big risk in doing so and open themselves to legal action.
5

However

unlike the carriers or their agents, the majority of NVOCCs do not have any assets which are at risk in these transactions except for their reputations.
6

Fraudulent Practices in B/Ls

This could lead to fraudulent practices, and banks that unwittingly process false B/Ls could discover that either there are no cargoes underlying the documents or that the shipments may be misrepresented.
7

IMB spokesman added

“The NVOCC Register therefore recognises participating NVOCCs who adhere to a minimum standard of anti-fraud measures in their operations,”
8

Inviting NVOCCs

IMB is inviting NVOCCs to sign up to its NVOCC Register. In doing so they will also have to sign up to a Code of Conduct for the issuance of B/Ls. Failure to comply with the Code of Conduct may result in removal of the NVOCC from the Register in certain circumstances.
9

The intention behind NVOCC Register

The intention is not to exclude defaulting NVOCCs but to help them improve the steps taken to issue bills of lading which is relied upon by a number of other stakeholders.
10

Advantage to Signup for NVOCC Register

IMB says an advantage of signing up to the Register is that banks may process the documents of NVOCCs on the Register faster than those that are not.
11

Backed by ICC Academy

The IMB NVOCC Register is backed by an online course designed by the IMB and run by the ICC Academy which specialises in trade related online training (https://icc.academy/).
12

IMB NVOCC Register Now in Singapore

The IMB NVOCC Register was officially launched in Singapore last month, attended by more than 100 representatives from banks, logistics companies and trading firms.

IMB NVOCC Register Now in Singapore

The IMB NVOCC Register was officially launched in Singapore last month, attended by more than 100 representatives from banks, logistics companies and trading firms.

Related Posts

NVOCC Articles FIATA

FIATA

adminJuly 23, 2019
NVOCC Articles MarineLink

MarineLink

adminMarch 14, 2019
NVOCC Articles International Trade Council

International Trade Council

adminMarch 14, 2019

45,039 Comments

« Older Comments
Newer Comments »
  • https://www.xameliax.com/shop/colour-test-sheet-for-adult-colouring/ says:
    June 9, 2026 at 5:52 pm

    Muchos jugadores exploran diferentes juegos para encontrar aquellos que mejor se adapten a sus preferencias. https://www.xameliax.com/shop/colour-test-sheet-for-adult-colouring/

  • melbet_eioa says:
    June 9, 2026 at 6:17 pm

    Короче, наконец-то разобрался с этой проблемой. Всё расписано до мелочей, даже новичок поймет что к чему. Рекомендую заглянуть, чтобы не совершать глупых ошибок, как я в прошлый раз. Вот мел бет мел бет — сохраняйте себе в закладки, пригодится. Если останутся вопросы, пишите прямо там в комментариях, админ отвечает быстро.

  • Kak naiti cheloveka po nomery telefona_evEt says:
    June 9, 2026 at 6:20 pm

    Случайно наткнулся на один гайд, Ситуация дурацкая, постоянно звонят с незнакомого телефона, а кто — вообще непонятно. Стало дико интересно,. И знаете что? Тут главное знать, куда именно смотреть и какие базы юзать.

    Короче, если вас сейчас волнует тот же самый вопрос — быстро определить владельца номера, то есть один проверенный временем вариант. Конкретно про то, как узнать по мобильному кто именно звонил — вот здесь всё максимально норм расписано: пробить по номеру телефона местоположение пробить по номеру телефона местоположение.

    Проверил лично на себе — тема реально работает. Потому что обычный поиск гуглит только рекламный спам. В общем, обязательно сохраните себе на будущее. Надеюсь, кому-то тоже упростит жизнь.

  • 1xbet giris_wema says:
    June 9, 2026 at 7:05 pm

    Açıkçası ben de merak ediyordum. Birçok site denedim ama. En sonunda güvenilir adrese ulaştım.

    Casino sevenler bilir. Uyarıları dikkate alarak sistemi kurun. Giriş adresi aynen şu şekilde: 1xbet türkiye 1xbet türkiye. Velhasıl kelam — 1xbet türkiye için tek doğru adres bu.

    Para çekme işlemleri sorunsuz. Kendi tecrübemi aktarayım — pişman eden bir yer değil. İyi eğlenceler…

  • best online casino nz real money says:
    June 9, 2026 at 7:49 pm

    Makes sense to me.

  • legalne kasyna online says:
    June 9, 2026 at 7:50 pm

    I wish I could craft such articles as this. Thank you very much.

  • wypłacalne kasyna internetowe says:
    June 9, 2026 at 7:51 pm

    I don’t normally comment but I gotta say appreciate it for the post on this one : D.

  • kasyno online opinie says:
    June 9, 2026 at 7:54 pm

    Magnificent beat ! Can I be your apprentice? Just kidding!

  • 免费Binance账户 says:
    June 9, 2026 at 7:58 pm

    Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.

  • syvenirnaya prodykciya s logotipom_bxpn says:
    June 9, 2026 at 8:14 pm

    Коллеги, всем привет! Организуем встречу с дилерами, хочется сделать им приятные и полезные презенты. Подскажите, где заказать качественную сувенирную продукцию с логотипом. брендированная продукция заказать брендированная продукция заказать Реально ли найти недорогую сувенирную продукцию с логотипом с печатью от 100 штук. Бюджет пока не утвержден, поэтому хочу понять рыночные цены. Киньте ссылки или названия компаний, буду очень благодарен.

Leave a Reply

error: Content is protected !!