Bribery and Corruption

American Club member alert (February 8, 2021) – re: Piracy and Armed Robbery – guidance for security threats in the gulf of Guinea

American Club member alert (February 8, 2021) – re: Piracy and Armed Robbery – guidance for security threats in the gulf of Guinea

FEBRUARY 08, 2021
PIRACY AND ARMED ROBBERY: GUIDANCE FOR SECURITY THREATS IN THE GULF OF GUINEA Members are reminded that the waters of the Gulf of Guinea (GoG) and its contiguous regions continue to present significant security threats to ships transiting and operating within them. In 2020, 96% of all cases of maritime kidnappings were reported to have taken place in...

https://allaboutshipping.co.uk/2021/02/08/american-club-member-alert-february-8-2021-re-piracy-and-armed-robbery-guidance-for-security-threats-in-the-gulf-of-guinea/

ReCAAP ISC Issues Incident Alert on Incidents against ships in the eastbound lane of Singapore Strait

ReCAAP ISC today issued an Incident Alert (01/2021) on incidents against ships in the eastbound lane of Singapore Strait:

  • The incidents of armed robbery against ships continued to occur to ships while underway in the Singapore Strait
  • During 25 – 29 Jan 2021, three incidents were reported on board ships while underway in the eastbound lane of the Traffic Separation Scheme (TSS) in the Singapore Strait
  • The three incidents occurred in close proximity to each other and in particular, two incidents...

https://allaboutshipping.co.uk/2021/01/29/recaap-isc-issues-incident-alert-on-incidents-against-ships-in-the-eastbound-lane-of-singapore-strait/

Dryad Global has announced the appointment of Teresa Peacock as its first non-executive director.

Dryad Global has announced the appointment of Teresa Peacock as its first non-executive director.

Teresa Peacock

“I am incredibly excited to be joining the Dryad Global team in this role, bringing my passion and drive for ensuring diversity across the maritime industry’s workforce. Our industry’s people help keep the world turning, and in a truly diverse workplace, productivity and success thrives.”

Teresa Peacock is currently Managing Director at Spinnaker Global and a member of the Maritime UK’s...

https://allaboutshipping.co.uk/2021/01/27/dryad-global-has-announced-the-appointment-of-teresa-peacock-as-its-first-non-executive-director/

Treasury FXR struggles with realities of manipulation, DLT and the US payments system

Treasury FXR struggles with realities of manipulation, DLT and the US payments system

Commentary: Currency manipulation realities

By Mark Sobel in Washington

Under the Bush and Obama administrations, foreign exchange reports didn’t label any country a currency manipulator. Yet, the US Treasury Department has just named Switzerland and Vietnam as such. While its latest FXR includes valuable analysis about responses to Covid-19, its mechanistic application of ‘enhanced analysis’ criteria leads to...

https://allaboutshipping.co.uk/2020/12/18/treasury-fxr-struggles-with-realities-of-manipulation-dlt-and-the-us-payments-system/

Situation of Piracy and Sea Robbery in Asia for November 2020

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 the November 2020 Report as well as an accompanying set of presentation slides on the situation of piracy and armed robbery against ships in Asia

-In November 2020, 11 incidents of armed robbery against ships were reported in Asia

-No piracy incident was reporteWith these incidents, the total number of incidents from...

https://allaboutshipping.co.uk/2020/12/10/situation-of-piracy-and-sea-robbery-in-asia-for-november-2020/

Panama joins the Maritime anti-corruption network

..

Panama joins the Maritime anti-corruption network

PANAMA, NOVEMBER 30, 2020—-The Panama Ship Registry has joined the Maritime Anti-Corruption Network (MACN) becoming part of the world’s largest group of maritime companies fighting for a better and corruption-free business environment.

“We are committed to supporting MACN in its vision of fair trade and a free-corruption maritime industry,” said Rafael Cigarruista, director of the Ship Registry.

“It is of utmost importance for the Ship Registry...

https://allaboutshipping.co.uk/2020/11/30/panama-joins-the-maritime-anti-corruption-network/

Markets fall, Geopolitics and the Coronavirus anathema rule the day

John Faraclas

Markets fall, Geopolitics and the Coronavirus anathema rule the day

The BDI (Baltic Dry Index) stood at 1,415 – up 14 points since yesterday, but on a weekly basis lost 62  – down from 1,477 (16/10) signifying uncertainty and “volatility”. Geopolitics only for strong nerves and we are witnessing top of the range exploitation and blackmail… Now, whose isn’t afraid from the Coronavirus’ Anathema, eh? John Faraclas’ daily and weekly recap:

The volatile and predictably unpredictable Capes

https://www.allaboutshipping.co.uk/2020/10/23/markets-fall-geopolitics-and-the-coronavirus-anathema-rule-the-day/

Another shock for the BDI; Geopolitics coupled with Coronavirus will produce a lethal cocktail

John Faraclas

Another shock for the BDI; Geopolitics coupled with Coronavirus will produce a lethal cocktail

The BDI (Baltic Dry Index) begun the week with a considerable fall; a loss of 68 points since last Friday the 16th of October 2020 and now stands at 1,40,  a fraction of losing the 1,400 points threshold, all this “thanks” to yet another triple-digit fall of the Capes. The Geopolitical spectrum – particularly in the faulty line between Gib to Afghanistan and from the Caucasus down to the...

https://www.allaboutshipping.co.uk/2020/10/19/another-shock-for-the-bdi-geopolitics-coupled-with-coronavirus-will-produce-a-lethal-cocktail/

Pirates are kidnapping more seafarers off West Africa, IMB reports

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 and armed robbery on the world’s seas in the first nine months of 2020, with a 40% increase in the number of kidnappings reported in the Gulf of Guinea, compared with the same period in 2019. Pirates armed with guns and knives are abducting bigger groups of seafarers at further distances off
the West African coast.

IMB’s...

https://www.allaboutshipping.co.uk/2020/10/14/pirates-are-kidnapping-more-seafarers-off-west-africa-imb-reports/

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