Maritime Fraud

Cybersecurity will remain a Maritime threat in 2021 The maritime industry will remain a target of cyber-criminals in 2021 and the world’s shipping fleets will need to be on high alert…

Situation of Piracy and Sea Robbery in Asia for November 2020 Summary of Situation of Piracy and Sea Robbery in Asia in November 2020 ReCAAP Information Sharing Centre today issued…

Volatility knocks …again amid explosive Geopolitics and, still, an advancing Coronavirus The BDI (Baltic Dry Index) lost earlier on today 35 points and now stands at 1,197 at a point…

  Pirates are kidnapping more seafarers off West Africa, IMB reports London and Kuala Lumpur – 14 October 2020 ICC International Maritime Bureau (IMB) figures show a rise in piracy…

Situation of Piracy and Sea Robbery in Asia for July 2020 ReCAAP Information Sharing Centre today released the monthly report for July 2020 on the situation of piracy and sea robbery in Asia.…

  Crew kidnappings surge in seas off West Africa, IMB reports London and Kuala Lumpur – 15/7/2020 Violent attacks against ships and their crews have risen in 2020, with 77…

Two Incidents of Armed Robbery against Ships in Asia Reported to ReCAAP ISC during 21-27 Apr 2020 During 21-27 Apr 2020, two incidents of armed robbery against ships in Asia were reported…

Piracy and armed robbery a threat to ships’ crews, warns IMB London and Kuala Lumpur – 14/4/2020 Seafarers face continuing threats from pirates and armed robbers on the world’s seas,…

ECSA raises the alarm about the Gulf of Guinea At the ECR Conference on Maritime Security and the Blue Economy yesterday in the European Parliament, ECSA raises the alarm about…

Anglo-Eastern and Naval Dome ink Cyber MOU Global ship manager Anglo-Eastern has inked a memorandum of understanding on cyber security with Naval Dome. Signed by Capt. Bjorn Hojgaard, CEO of…

Maritime piracy incidents down in Q3, yet Gulf of Guinea remains a hot spot London and Kuala Lumpur, 15 October 2019 – The International Chamber of Commerce International Maritime Bureau’s…

Brillante Virtuoso – an extraordinary attempt at maritime insurance fraud The High Court has today handed down its highly-anticipated judgment in the case of the Brillante Virtuoso – an extraordinary attempt at maritime…

Marine Kidnap & Ransom Cover / Cyber Extortion Extension Steamship Mutual Club Circular L.330 Marine Kidnap & Ransom Cover  – Cyber Extortion Extension       30 July 2019 Steamship Mutual…

New guidance is now available to assist welfare organisations dealing with incidents of seafarers being abandoned and vessels being arrested or detained.  The booklet, entitled Arrested and Detained Vessels, and Abandoned…

Addressing fraudulent registration IMO’s Legal committee will discuss a number of proposed measures to prevent fraudulent registration of ships and other deceptive shipping practices, during its 106th session (27-29 March).…

The Institute of Marine Engineering, Science & Technology (IMarEST)’s MLA College, together with the University of Sunderland and Stapleton International, has developed an online Maritime Cyber Risk Awareness Course to help address…

London and Kuala Lumpur, 16 January 2019 – Piracy increased on the world’s seas in 2018, with a marked rise in attacks against ships and crews around West Africa, the International Chamber…

International Transport Intermediaries Club (ITIC) has warned its members to perform proper bank account checks when transferring funds to principals and intermediaries. The warning comes following the fraudulent diversion of…

As owners act to fortify their ships and shore-side operations against cyber risk in the face of evolving threats and imminent regulation, DNV GL has expanded its services to cover…

Global insurance and trade grapple with blockchain innovation By James Brewer Blockchain, a system that has seen substantial growth in 2018, holds out immense promise for mitigating business and financial…

New Survey Finds Shipping Industry Concerned About Impact of Trade Protectionism and Cyber Threats, But Mostly Optimistic About Growth Industry Respondents Say Technology Spending Will Increase as Companies Seek to…

The BDI (Baltic Dry Index) lost 33 points earlier on today and now stands at 1,395; Geopolitics still messy and IBIA’s Annual Convention makes waves. John Faraclas’ daily briefing: The …

A total of 156 incidents of piracy and armed robbery against ships were reported to the ICC International Maritime Bureau’s (IMB) Piracy Reporting Centre (PRC) in the first nine months of 2018…

Piracy and Sea Robbery Situation in Asia for January to September 2018 Summary   A total of 64 incidents of piracy and armed robbery against ships (comprising 50 actual incidents and 14…

Berlin, 10 September 2018 – Most of the world’s most powerful export markets are failing to punish corporations paying bribes overseas, according to a new report from Transparency International to be released on 12…