Hellenic shipping news

Leaders in global shipping news for over 10 years.

Combine news feeds with Barchart market data to build the best product possible. Barchart Digital. Data, analytics, news, and tools all seamlessly and cohesively integrated with your brand. Our customers count on Barchart to deliver high-quality, high-availability solutions for their business-critical applications. Barchart Market Data.

Hellenic shipping news

TT Talk canvassed some trading issues relating to bills of lading in the December edition. Reference within those articles was made to the English law position articulated in Motis Exports case1, explaining the risk exposure to bill of lading issuers and stakeholders relying on the documentation. This article applies to the industry vulnerability to fraudulent activity. Commercial banks commence thousands of investigations each year in relation to fraudulent bills of lading which are undertaken by the International Maritime Bureau IMB , a division of CCS. Through the investigation process, IMB conducts due diligence on all trade documents, including bills of lading, and seeks independent third-party verification to provide an extra level of confidence in transactions. This supports banks in relation to their compliance procedures to prevent fraud, money laundering and sanctions breaches. Suspect bills of lading are those which have false content including the wrong ship, dates, description of cargoes, container numbers or parties. Perpetrators present such bills of lading to banks to facilitate fraudulent activity including money laundering, fraud, illegal capital flight and to by-pass sanctions. This is a staggering finding, albeit relating to a small percentage of the total transactions, but a clear indicator of the vulnerability of some elements of the NVOCC sector. It is important that safeguards are in place to ensure the security of bills of lading and that there are systems in place to track any misuse. As a result of recent trends involving bill of lading fraud and a growing concern of their stakeholders, the IMB developed a new initiative, unveiled at Enterprise, Singapore on 15 January , during a panel discussion on the manipulation of bills of lading attended by over delegates from banks, logistics companies and lawyers.

Barchart Commodities Data and Tools for Commodities As the leading provider of pricing data, analytical tools, and workflow solutions for Agriculture and Energy markets, Barchart helps streamline workflows for the global commodity marketplace, hellenic shipping news. Please submit the form below and someone will contact you shortly.

.

HAV Design signed a contract for 2 new battery-powered ferries, making them the thirteenth and fourteenth ferry designs with zero-emission expertise from the corporate. The 2 new All set! This text has been despatched to my e mail. All fields are required. For a Authorities cite weak home demand and the necessity for brand spanking new sources of capital Associated TalesHanwha Ocean signs

Hellenic shipping news

.

Jason landon

Barchart is committed to ensuring digital accessibility for individuals with disabilities. Cookie Preferences. Show Beta Versions. Aptoide is the fastest growing app store and distribution platform in the world. There are no reviews or ratings yet! Barchart Commodities Data and Tools for Commodities As the leading provider of pricing data, analytical tools, and workflow solutions for Agriculture and Energy markets, Barchart helps streamline workflows for the global commodity marketplace. Last modified Thursday, 14 March Our services are reliable and help customers spend more time on their business and less time on data. Our customers count on Barchart to deliver high-quality, high-availability solutions for their business-critical applications. Commercial banks commence thousands of investigations each year in relation to fraudulent bills of lading which are undertaken by the International Maritime Bureau IMB , a division of CCS. As the leading provider of pricing data, analytical tools, and workflow solutions for Agriculture and Energy markets, Barchart helps streamline workflows for the global commodity marketplace. Apps in the same category. Contact Us. This article applies to the industry vulnerability to fraudulent activity. Leaders in global shipping news for over 10 years.

.

Cookie Preferences. Decline All. Manage Cookies. Want To See More Stories? It is important that safeguards are in place to ensure the security of bills of lading and that there are systems in place to track any misuse. Hellenic Shipping News Worldwide www. This article applies to the industry vulnerability to fraudulent activity. Last modified Thursday, 14 March Barchart Digital. We are a global platform for global talent. Change Language. Categories Membership. As the leading provider of pricing data, analytical tools, and workflow solutions for Agriculture and Energy markets, Barchart helps streamline workflows for the global commodity marketplace.