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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).
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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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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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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.
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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 International Chamber of Commerce's International Maritime Bureau (IMB).