KEY ISSUES
Transparency is the antidote to corruption
Being transparent is increasingly seen by society as a prerequisite to becoming a good corporate citizen. Lee Kok Leong, executive editor, Maritime Fairtrade, reports
We stand united against corruption.
Cyber, climate top risks in 2020
Preparing and planning for cyber and climate change risks is both a matter of competitive advantage and business resilience.
Biofuels are under-utilized in maritime sector
Sustainable biofuels currently available are under-utilized but could potentially meet shipping’s energy needs of today.
Korea considers raising marine insurance premiums
The Korean Reinsurance Company and other marine insurers are keeping a close eye on the ongoing tensions between the United States and Iran as they face worsening profitability.
IMO commits to further action on gender equality
Member States of the International Maritime Organization have urged further firm action in coming years to advance gender equality.
Indian authority fails in enforcing shipbreaking labor law
Conditions for shipbreaking workers at the beach of Alang, India, have not improved. There are continued serious breaches and a lack of effective enforcement of national laws.
Global ban on exporting hazardous wastes to developing countries
The Basel Ban Amendment, adopted by the Parties to the Basel Convention on the Control of the Transboundary Movement of Hazardous Wastes and Their Disposal in 1995, became international law in December 2019.
Abandoned seafarers still in limbo
10 Kenyan seafarers flew out to Mozambique in August to board a ship on a long voyage to Iran. Four months down the line, the 10 crew members are still in the port of Pemba, Mozambique, apparently abandoned by their employer.
INTERPOL exposes global marine pollution crimes
An INTERPOL-led global law enforcement operation involving 61 countries has identified thousands of illicit activities behind severe marine pollution.
EUROPOL smashes syndicate trafficking illegal drugs worldwide
Europol arrests nine criminals in Greece and one in France responsible for the production and trafficking of illegal anabolic substances and medicines around the world.
The Problem.
Over 90 percent of the global trade is carried across ocean. However, the maritime industry is also prone to rampant corruption.