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The ICC International Maritime Bureau (IMB) is warning against a pre-financing scam involving importers in West Africa and exporters in China that is manipulating the trade finance system to provide unofficial pre-shipment finance based upon false shipping documents.
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The number of pirate attacks have fallen sharply in the first half of 2012, led by a drop in Somali piracy, the International Chamber of Commerce (ICC) International Maritime Bureau’s (IMB) global piracy report revealed today, but warned that these numbers were offset by a worrying increase of attacks in the Gulf of Guinea.
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The 2012 ICC Commercial Crime Services (CCS) Economic Crime Lecture, which took place at Lloyd’s of London on June 28, featured an insight into the world of cybercrime. It was presented by the global organised crime specialist Misha Glenny, who later received the CCS Special Award for investigative journalism into organised crime.
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A report highlighting latest details of the plight of seafarers at the hands of Somali pirates will be launched on Friday 22nd June at a press conference in London. The report, The Human Cost of Piracy 2011, is written jointly by Kaija Hurlburt of One Earth Future for its Oceans Beyond Piracy project and by the International Maritime Bureau.
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The results of a recent survey conducted by the ICC International Maritime Bureau (IMB) in conjunction with an international trade association have served to underline the challenges associated with container security and theft from containers.