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The International Chamber of Commerce’s International Maritime Bureau (IMB) has revealed that piracy on the world’s seas is at its lowest first-quarter level since 2007, but warns that the threat is still present.
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The ICC International Maritime Bureau (IMB) has warned of new charter party fraud incidents and is advising that all counterparties be investigated before deals are carried out.
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Exp
erts are urging businesses and organisations to report incidents of cybercrime. They warn that failure to do so creates a significant risk to their own operations as well as to the global business ecosystem which is increasingly reliant on technology and intellectual property.
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There are fears that shipowners are facing new dangers from criminal gangs making spurious oil fraud claims. The ‘victims’/fraudsters try to extort money from owners by bringing action against them for failing to deliver cargoes of oil they allegedly own.
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The ICC International Maritime Bureau (IMB) is asking ships to be extra vigilant when transiting West Africa as piracy in the region becomes a growing concern.