A new research focused on the pressures facing seafarers by corruption when they arrive at some ports. Interviews gathered by academics at Cardiff University reveal how seafarers are often faced with demands for cash and provisions when their vessels enter ports.
The mayor of the Calabrian town of Villa San Giovanni; the chairman and the chief executive officer of the roro and ferry shipping company Caronte&Tourist Spa, were among a dozen suspects arrested in an operation carried out by local police and anti-mafia investigators in Reggio Calabria, Italy.
Maersk is accused of paying $3.4m on bribes to get shipping contracts from the Brazilian energy giant, Petrobras, which has been caught up in a multi-billion dollar bribery case for years. Namely, Maersk has confirmed that its offices in Rio de Janeiro and Sao Paulo have been searched by the Brazilian Federal Police, adding that it will fully cooperate with the authorities, in relation to the allegations regarding the payment of bribes to national oil company Petrobras over a 10-year period through to 2012.
Gard alerts on the risk of briber, corruption, money laundering and financing of terrorism, highlighting the importance of using efficient systems to detect, prevent and deter crime, mostly focusing on financial crime.
Samsung Heavy Industries Company Limited (SHI) has agreed to pay penalties amounting to more than $75 million in order to resolve a U.S. government’s investigation into violations of the Foreign Corrupt Practices Act. The Department of Justice stated that SHI paid millions of dollars to a Brazilian intermediary knowing that some of the money would be used to bribe high-level executives at Petrobras to obtain a shipbuilding contract.
The Maritime Anti-Corruption Network (MACN) announced its collaboration with the Ministry of Foreign Affairs of Denmark (MOFA) on developing and launching the world’s first Global Port Integrity Index and scale up collective action activities in West Africa.
As shipping faces more regulation and there are wider demands for commercial transparency, we can no longer afford to turn the other cheek and accept corruption as a cost of doing business, notes Leon van Duivendijk, Director Shared Resources, Vroon B.V.
The UN Global Compact has set ten principles for companies to integrate them into strategies, policies and procedures, in a bid to establish a culture of integrity. Corporate sustainability starts with a company’s value system and a principles-based approach to doing business.
As MACN reports, corruption is one of the most challenging risks for any business, and doing business in Ukraine is no exception. In Ukraine, the shipping industry faces challenges such as in connection with documentation handling and controls of on board practices regarding waste disposal, and ballast water discharge among others.
Britannia announced that it has become the first P&I Club to be accepted as a member of the Maritime Anti-Corruption Network (MACN). By joining MACN, Britannia aspires to provide the Network with input from an insurance sector perspective. MACN Director, Cecilia Müller Torbrand, commented on the importance of Britannia joining the Network, saying that the effect of maritime corruption is felt across the industry.
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