Hellenic shipping news

Leaders in global shipping news for over 10 years. Hellenic Shipping News Worldwide hellenic shipping news. Hellenic Shipping News Worldwide offers news on shipping and maritime trade, as well as shipbuilding, hellenic shipping news, ports, marine insurance, shipping law, freights and commodities, energy-oil and of course stock markets and the global economy. There are no reviews or ratings yet!

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. Our services are reliable and help customers spend more time on their business and less time on data. Barchart Commodities.

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. The primary objective is to provide a common open platform from which to improve anti-fraud standards and to give due recognition to participating NVOCCs who adhere to the minimum standards established within the platform. The Code of Conduct is supported by an online training course which sets out minimum standards for the issuance of NVOCC bills of lading.

By submitting this form you are opting in to receive email communications from Barchart for related product, service or company information, updates and announcements. Analytics Cookies. Inevitably, hellenic shipping news, should the industry not be able to address commercially the challenge presented by the use of fraudulent documents, there is a risk that regulations may be required.

.

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 Chinese language demand props up Russia oil exports amid Western strain Turkish oil storage terminal stops accepting Russian

Hellenic shipping news

.

Amc channel showtimes

Voting Average rating. Where fraudulent activity is allowed to continue, there is a real danger that key stakeholders de-value the worth of the bill of lading. Created Thursday, 14 March The Code of Conduct is supported by an online training course which sets out minimum standards for the issuance of NVOCC bills of lading. Apps in the same category. There are no reviews or ratings yet! 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. 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. Analytics Cookies. 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.

.

Aptoide S. The Code of Conduct is supported by an online training course which sets out minimum standards for the issuance of NVOCC bills of lading. We are continuously working to improve our web experience, and encourage users to Contact Us for feedback and accommodation requests. Where fraudulent activity is allowed to continue, there is a real danger that key stakeholders de-value the worth of the bill of lading. Inevitably, should the industry not be able to address commercially the challenge presented by the use of fraudulent documents, there is a risk that regulations may be required. Categories Membership. Details Reviews Versions Info. You may also like What's new add english content. Barchart Digital. The primary objective is to provide a common open platform from which to improve anti-fraud standards and to give due recognition to participating NVOCCs who adhere to the minimum standards established within the platform. Package ID: gr. This supports banks in relation to their compliance procedures to prevent fraud, money laundering and sanctions breaches.