• 2019 October 15 10:37

    World Maritime University delivered its Maritime Business Integrity and Corruption Awareness Seminar

    For the 4th consecutive year, the World Maritime University (WMU) delivered its seminal Maritime Business Integrity and Corruption Awareness (CORA) Seminar, WMU says in a press release.

    The idea behind the development of the Seminar came as a direct response to the maritime industry’s needs for Corporate Social Responsibility, and Sustainable Development Goal 16, which aims in its targets “to substantially reduce corruption and bribery in all their forms.”

    The one-day Seminar aims to instill appreciation of the role and impact of bribery and facilitation payments in port and ship transactions and the ways in which the industry as well as official bodies are addressing this scourge. Through real-life examples shared by industry speakers, WMU students learned about tactical and managerial tools that could be used to effect change in the industry or government offices.

    In her inaugural words, WMU President, Dr. Cleopatra Doumbia-Henry, stated: “The idea behind this Seminar is not to pinpoint certain countries or agencies, but rather to work out the mechanics of the simple process of corruption which wreaks havoc in our societies and economies. The goal is also to engage students in a thought-provoking process about how corruption can be eliminated.”

    According to the World Bank, businesses and individuals pay an estimated $1.5 trillion in bribes each year. Corruption may include facilitation payments, abuse of power, specious ship inspections, unfair sanctions, trade disruption, and extortion.

    The International Maritime Organization (IMO), the UN’s specialized agency for shipping, has just embarked on a regulatory exercise that will see through the adoption of hard and soft rules regarding the scourge of corruption.
    WMU encourages a zero tolerance policy for corruption and promotes anti-corruption awareness in the maritime industry through teaching, research, outreach and industry engagement.

    WMU has been an active participant at the IMO in discussions about maritime corruption. WMU also sits in the Cross Industry Working Group on Tackling Corruption in the Maritime Sector, initiated by the Maritime Anti-Corruption Network (MACN) and the International Chamber of Shipping (ICS) in 2017.

    Earlier this year, WMU signed an MOU with MACN providing for, inter alia, collaboration in the delivery of training and educational packages. This Seminar was co-lectured by MACN’s Executive Director, Ms Cecilia MüllerTorbrand.

    The Seminar was enriched by the anti-corruption compliance experience of D/S Norden A/S. Speaking at the event, Norden’s Senior Insurance and Claims Manager, Ms Lillian Frøhling Hansen, took the participants through Norden’s Corporate Social Responsibility engagement track record, recalling that it had been initiated in 2006. Norden’s fully-deployed anti-corruption policy means that its staff are under a duty to report any requests for facilitation payments or gifts. So far, hundreds of reports have been received. Norden’s practice is momentous for the industry. As stated by Ms Frøhling Hansen, “Norden is big enough to make a difference.”

    The Seminar also featured Dr Lisa Loloma Froholdt, Senior Researcher at the University of Southern Denmark, and editor of the Corporate Social Responsibility in the Maritime Industry, Volume 5 of the WMU Studies in Maritime Affairs. The Seminar was led by Associate Professor Aref Fakhry.

2020 April 4

16:41 Bollinger delivers the 38th FRC Harold Miller to the USCG
15:21 APL announces new LSS as from May for Trans-Pacific eastbound market
14:47 Viking announces Mississippi River cruises
13:34 Iridium partner Globalsat equips Argentine Navy’s Fortuna III yacht with Iridium Certus® Service
12:23 BlueWater Reporting posts report on COVID-19’s impact on China’s box volumes, economy
11:08 Torqeedo's milestone 100,000th electric drive goes to Spirit Yachts

2020 April 3

18:42 Concordia Damen nominated to build new, sustainable training vessel for STC Group
18:27 Diana Shipping announces time charter contract for m/v Alcmene with Cargill
18:07 Breakbulk Europe to take place from 29 September to 1 October 2020
17:51 Northern Sea Route cargo traffic in 3M’2020 totaled 7.83 million tonnes, up 7.7% YoY
17:28 ECSA Board: Shipping industry keeps Europe running but will need more EU support to recover
17:14 Tallink continues transporting passengers on Tallinn-Helsinki route
16:50 GT Morstoy completed slope protection under LUGAPORT project
16:25 World Maritime University stays connected in uncertain times
15:46 FESCO provided agent services for vessel delivering platform of Sea Launch spaceport to Primorye Territory
15:22 Rosmorport's Azov Basin Branch carries out measures to prevent COVID-19 spread
14:57 New bunker alert service available for BIMCO members
14:33 NUTEP recognized as best in Basic business activities nomination of Best Stevedore contest
13:49 DeloPorts continues to operate despite quarantine and days off in Russia
13:24 AS Tallink Grupp published its statistics for March and first quarter of 2020
13:01 Zeebrugge Port Authority facilitates extra ground for port users in need due to corona crisis
12:40 Crisis caused by Covid-19 brought changes and highlighted new opportunities for port of Riga
12:18 Sea Port of Saint-Petersburg JSC arranged testing of its employees to detect coronavirus
12:15 Ocean Yield ASA announces delivery of modern dry bulk vessel with long-term charter
11:52 Vladimir Solodov appointed as Acting Governor of the Kamchatka Territory
11:00 Samherji Holding granted an exemption from mandatory bid obligation in Eimskip
10:49 Сorvettes of RF Navy's Baltic Fleet completed training anti-submarine missions at sea
10:21 Brent Crude futures price is down 4.51% to $28.69, Light Sweet Crude – down 5.73% to $23.87
10:00 Bunker prices continue falling at the port of Saint-Petersburg, Russia
09:42 Viking Line continues service in the Baltic Sea
09:36 Yury Bezdudny appointed Acting Governor of Nenets Autonomous Area
09:18 Baltic Dry Index is flat at 624 points
09:09 MABUX: Bunker market this morning, Apr 03
08:33 Ocean Network Express issues its first electronic Bill of Lading

2020 April 2

18:27 FSL Trust completes disposal of crude oil tanker
18:07 CMA CGM announces that this Low Sulphur Surcharge is not applicable
17:54 Aleksandr Tsybulsky appointed as Acting Governor of Arkhangelsk Region
17:31 MAN Energy Solutions's low-speed, dual-fuel engines pass 1,000,000 operating hours
17:16 VARD secures contract for one stern trawler for Framherji
16:59 DHT Holdings announces time charters for six of its VLCCs
16:30 Navigation season opens on the Lower Volga
15:48 PGNiG commences operations at Klaipėda LNG Reloading Station
15:15 World’s largest and most efficient krill trawler to be designed by Wärtsilä
15:13 SMM: Shipping industry steers towards digitalisation
14:49 Bunker prices show no considerable changes at the Far East ports of Russia (graph)
14:26 Vitol Group establishes foothold in Singapore bunker operations
14:02 A.P. Moller - Maersk completes acquisition of Performance Team
13:37 Law ranking heavy fuel oil as medium distillate comes into effect
13:14 Hapag-Lloyd announces GRI from East Asia to East Coast and West Coast of South America, Mexico, Caribbean and Panama
12:52 Covid-19: Passenger transportation by seaborne transport and traffic of small-size ships banned in Crimea
12:25 ABP update: port operations remain open for business
12:01 ABS expands remote survey services
11:28 IMO urges keyworker exemptions for crew changes and repatriations
11:18 Tallink Grupp’s vessel Victoria I to make two return trips on Tallinn-Helsinki-Tallinn route on 2-3 April
10:43 Russian President signs Decree on establishment of Marine Instrument Engineering Corporation
10:21 Brent Crude futures price is up 12.5% to $27.83, Light Sweet Crude – up 10.5% to $22.44
10:06 Jan De Nul nears completion of fabrication of foundations for Taiwan’s Changhua Offshore Wind Farm
10:00 Financing of Nizhegorodsky hydrosystem project to be redistributed in favor of NOVATEK’s projects
09:59 VARD signs contract with P/F Akraberg for the design and construction of a sophisticated unit
09:46 MABUX: Bunker market this morning, Apr 02