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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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London and Kuala Lumpur, 15 July 2020 – Violent attacks against ships and their crews have risen in 2020, with 77 seafarers taken hostage or kidnapped for ransom since January, reveals the ICC International Maritime Bureau’s (IMB) latest piracy report. The Gulf of Guinea off West Africa is increasingly dangerous for commercial shipping, accounting for just over 90% of maritime kidnappings worldwide. Meanwhile ship hijackings are at their lowest since 1993.
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A new initiative launched by Europol will give Europe more bite to tackle financial and economic crime and help disrupt the flow of money to organised crime networks by following the money to trace, seize and confiscate criminal assets in the EU and beyond.