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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.
London and Kuala Lumpur, 31 October 2016 – Kidnapping and hostage-taking persists off the coasts of West Africa and South East Asia, despite a 20-year low in piracy on the world's seas, according to new figures from the International Chamber of Commerce (ICC) International Maritime Bureau (IMB).
There have been fresh calls for shipping to be vigilant against the threats of cyber-attacks on board ships, with two prominent marine insurers highlighting the consequences of such incidences.
As the maritime sector continues to assess the fallout from container shipping’s biggest bankruptcy case, the Seoul Central District Court has approved Hanjin Shipping’s application for receivership.
The amount of estimated proceeds of crime currently being recovered in the EU is low; with up to 98.9% not confiscated, a recent report titled Does Crime Still Pay? Criminal Asset Recovery in the EU has revealed.