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IMB report: Sea kidnappings rise in 2016 despite plummeting global piracy
Tuesday, 10 January 2017Nesrin ErcanAverage rating
More crew were kidnapped at sea in 2016 than in any of the previous 10 years, despite global piracy reaching its lowest levels since 1998, the ICC International Maritime Bureau's (IMB) annual piracy ...
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UN General Assembly grants Observer Status to International Chamber of Commerce in historic decision
Wednesday, 14 December 2016Nesrin ErcanAverage ratingNew York, 13 December 2016 – In an unprecedented move, the United Nations (UN) General Assembly has today granted Observer Status to the International Chamber of Commerce (ICC)—the world’s largest bu ...
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Money laundering: EU states now required to share beneficial ownership data
Wednesday, 14 December 2016Nesrin ErcanAverage rating
The fight against money laundering has been given a further boost now that the European Parliament has backed proposals for tax authorities across Europe to automatically share details about bank acc ...
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Brand and transport leaders sign historic declaration to stop maritime shipping of counterfeit goods
Thursday, 01 December 2016Nesrin ErcanAverage rating
Brussels, 30 November 2016 – Brand owners and representatives from the international shipping industry have joined forces in signing an historic declaration of intent aimed at preventing the maritime ...
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Threat to seafarers remains despite piracy clampdown, IMB reports
Monday, 31 October 2016Nesrin ErcanAverage ratingLondon 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 ...
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Fresh calls for vigilance against cyber-attacks on ships
Thursday, 13 October 2016Nesrin ErcanAverage rating
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.
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Hanjin Shipping bankruptcy causes ripples in maritime sector
Monday, 05 September 2016Nesrin ErcanAverage rating
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. ...
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EU report calls for more collaboration to tackle financial crime
Wednesday, 10 August 2016Nesrin ErcanAverage rating
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 ...
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Sea piracy drops to 21-year low, IMB reports
Monday, 25 July 2016Nesrin ErcanAverage ratingRead more...
London and Kuala Lumpur, 25 July 2016 – Piracy and armed robbery at sea has fallen to its lowest levels since 1995, despite a surge in kidnappings off West Africa, according to a new report from the ...
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IMB: Beware commercial impact of cyber attacks
Thursday, 16 June 2016Nesrin ErcanAverage rating
The International Maritime Bureau (IMB) is asking shipping and maritime companies to be vigilant to the potential commercial impact that cyber-attacks can cause.
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