Continues its Ongoing Commitment to Furthering Compliance Within the Maritime Industry
SHARJAH, UAE – JANUARY 22, 2013 – In 2011, when the UK Bribery Act took effect, it had an immediate impact on the maritime industry– and was an underlying stimulus for the formation of the Maritime Anti-Corruption Network (MACN). Today, MACN is a network of socially responsible maritime companies that have joined together to bring the issue of bribery and corruption to the forefront of the industry. DA-Desk, the world’s largest independent port cost management service provider which was founded on the principles of transparency and integrity, today announced it has become an associate member of MACN.
As an associate member—a company within the maritime industry that does not own or operate ships—DA-Desk will participate in the organization as a whole. The company also will join and actively contribute to one of several specific working groups committed to driving industry consensus, enabling the study of root causes and possible solutions, and developing a system to share information industry-wide.
According to Domenico Carlucci, DA-Desk Chief Compliance Officer and Financial Services Director, “Compliance, which includes Anti-Corruption, is a priority for DA-Desk and an increasingly complex and costly issue in our industry. Through DA-Compliance℠, we work diligently on behalf of our customers to ensure transparency and integrity in all transactions. We are excited to be able to share our many years of experience and our understanding of best practices with the members MACN—and to contribute to the development of broad-based, effective industry solutions.”
This past October DA-Desk joined the United Nations Global Compact Network a strategic policy initiative for businesses that are committed to aligning their operations around 10 principles in the areas of human rights, environment, labor and anti-corruption. Joining MACN deepens DA-Desk’s commitment to these very important core values.
The Maritime Anti-Corruption Network (MACN) is a global business network working towards its vision of a maritime industry free of corruption that enables fair trade to the benefit of society at large. MACN Members promote good corporate practice in the maritime industry for tackling bribes, facilitating payments, and other forms of corruption by adopting the MACN Anti-Corruption Principles, communicating progress on implementation, sharing best practices, and creating awareness of industry challenges. MACN also collaborates with key stakeholders, including governments, authorities, and international organizations, in markets where corruption is prevalent to its membership, to identify and mitigate the root causes of corruption in the maritime industry.
DA-Desk was founded in 2001 on the principle that an independent, distinct Disbursement Account service—not owned by port agencies or shipping companies—could provide an objective, automated DA process that would benefit both principals and agents. The company’s unique concept took hold and today DA-Desk, headquartered in Sharjah, UAE, is the world’s largest independent port cost management service provider. The company’s flagship service, PortSpend Management, and its companion service, PortPayables, along with other services and tools, deliver operational efficiencies, enhanced security, and cost savings and manage regulatory compliance for more than 160 customers across the globe whose annual port calls range from 100 to 6, 000. DA-Desk has 25 senior executives and 350 operations staff working in dedicated teams on behalf of its customers. The company maintains verified details on more than 8, 000 agents in its comprehensive Agency Database and processed more than 100, 000 port calls in 2012.