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Chartering fraud

BIMCO has warned against situations where fake “brokers” will attempt to trick owners into fixtures where there is no cargo available. The con also involves a request for advance funds to be remitted to an account allegedly belonging to the “agents” at the loading port.

Cyber fraud

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How to avoid cargo fraud

BIMCO receives regular reports from members around the world about cargo fraud. This week alone we have had two reports of cargoes being fixed (or almost fixed) by fraudsters seeking to trick owners to remit advance payments to accounts controlled by them. Using this information, we have put togethe... Please follow the link to continue reading.

Remember the BIMCO Electronic Signature Clause

Signing charter parties and other maritime contracts electronically is an effective and easy way to conclude agreements which has the advantage of saving time and costs and reducing the risk of fraud.