The Problem
Maritime transport is essential to the world's economy. Over 90 percent of the global trade is carried across ocean. It is, by far, the most cost-effective way to move en masse goods and raw materials around the world.
However, the maritime industry is also prone to rampant corruption.
Simple One-Time Demands
Cash or gifts in order to expedite port clearance formalities or to overlook procedural errors.
Long-Term Sophisticated Schemes
Bribery and kickbacks through intermediaries, suppliers and service providers tied to corrupt officials.
Payment Under-the-Table
"Reduced fine" on the spot for an obvious violation without proper documentation.
Extortionate Demands
Threatening the safety of the crew, vessel or cargo.
Moreover, with globalization and increased connectivity, transnational criminal syndicates are expanding their illicit trafficking alongside growing legitimate trade flows.
At a macro level, corruption in the maritime sector constitutes a non-tariff trade barrier that is driving up trade costs and impeding economic and social development.
Corruption is damaging the reputation of the industry and driving away much needed investment. At a micro level, for shipping companies, corrupt demands lead to delays, inefficiency, an unsafe working environment and other commercial consequences.
Corruption hinders trade, increases costs and, above all, has a profound and negative impact on ships' captains and crew who come under pressure when rejecting demands.
What We Do
With a focus on the Maritime Industry throughout Asia, Maritime Fairtrade believes Education and Awareness Empower Individuals to trigger change and positively influence industries. The concepts of Ethical Business Practice and transparency must motivate all industry leaders to elevate their own business and operation.
Write Editorials
In-depth analysis of maritime industry issues and developments.
Conduct Interviews
Bringing core issues to the surface through conversations with industry leaders.
Publish Partner Content
Sharing stories, best practices and corporate social responsibility.
Bring Awareness to Key Issues
Highlighting trust, ESG, compliance and fair practices across maritime Asia.
We stand united against corruption.
The cost of corruption is huge and we believe that Legal Trade is Profitable Trade. We invite our readers to support the cause and be part of the fight against corruption.