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Trade opposes restrictions on trailer movement in Kerala
Kochi, Sept. 1
Protest is brewing in trade circles in the Kochi port over the decision of the Road Safety Authority of Kerala to prohibit container trailer traffic between 8 a.m. and 8 p.m. on the roads in the State.
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IMB identifies fake frozen fish shipments
The ICC International Maritime Bureau (IMB) has uncovered a number of suspicious shipments of frozen fish, all containerised and bound for mainland China.
Whilst carrying out routine checks on behalf of members on the authenticity of Bills of Lading, the Bureau identified several fraudulent shipments that shared a number of similarities. As mentioned above, all of [...]
2008, a year of mixed fortunes for shipping companies
It was a year of mixed fortunes for Indian shipping companies.
Starting off on a cheerful note in the beginning of the year, when the freight market was booming, shipping companies had to take a hard hit in the last four months of the year, when freight rates plummeted sharply.
Dry bulk segment
The charter rates began to [...]
Royal Malaysian Navy thwarts pirate attack
The quick response of the Royal Malaysian Navy has helped to thwart the attempted hijacking of a vessel by Somali pirates.
The ICC International Maritime Bureau’s Piracy Reporting Centre (PRC) received the distress call from the Chinese heavy lift vessel, Zhen Hua 4, which was broadcast immediately to all the naval commands in the area. The [...]
IMB urges caution in commodities market
The ICC International Maritime Bureau (IMB) is urging its members to take extra caution during the current economic downturn, with particular regard to commodities trades.
The recent slump has left many global industries in a far poorer state of health than they were enjoying six months ago. Amongst the hardest hit, possibly, are the construction, automotive, [...]
EU initiative for the Gulf of Aden
cumberland
The European Union (EUNAVFOR ATALANTA) is initiating a ‘Close Support Protection’ system for vessels transiting the Gulf of Aden.
EUNAVFOR had requested all owners / operators requiring the close protection to register on the Maritime Security Centre - Horn of Africa (MSC-HOA) website: www.mschoa.org
Please see below the initial guidlines aa released by EUNAVFOR
[QUOTE]
INITIAL GUIDANCE TO THE [...]
BIMCO urgent piracy advisory
bimco
While there have been clear statements made by the shipping industry lobby to the international community and the volume of reporting on events and various recent statements made by shipping stakeholders - BIMCO would suggest that there are two urgent matters that need to be addressed by the industry and the international community respectively. BIMCO’s [...]
Exxon Valdez Put to Rest
valdez
The most anticipated maritime law decision in recent years has been the decision in June 2008 by the U.S. Supreme Court that reduced the award of punitive damages against Exxon from $2.5 billion to $500 million. After nearly 20 years of litigation against Exxon and the captain of its vessel, the case is finally at [...]
Captain Derek Kruger Experience while passing Somalia coast.
pirate-with-radio
Dear Reader;
I am one of the very few that has out foxed the Somalia Pirates. During the Month of August of 1997 on or about, I was delivering a ship belonged to my former company in Quebec Canada “Transport Desgagnes”to Madagascar when off the horn of Africa (Somalia) we experienced a storm. I [...]
Use Internet as investigative tool, urges CIB
investigators-should-keep-pace-with-technology
The ICC Counterfeiting Intelligence Bureau (CIB) is urging its members to make full use of the Internet as an investigative tool.
It is vital that investigators keep pace with technology, the Bureau says, as a number of recent cases demonstrate. Most notable of these is the battle between illegal downloaders and authorities trying to clamp down [...]
