International Maritime Bureau

Posted in Operations and Supply Chain Terms, Total Reads: 353
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Definition: International Maritime Bureau

International Maritime Bureau is a specialised department of the International Chamber of Commerce. The Bureau is endorsed by the UN’s International Maritime Organisation and was founded in 1981. The Bureau has a Memorandum of Understanding with the World Customs Organization and an observer status with the Interpol.


IMB’s main task is to protect and preserve the integrity and dignity of international trade by eliminating fraud and malpractices in this domain. For over the last two decades, it has used industry knowledge and experience to do exactly this: identifying and investigating frauds, identifying new criminal methods, and highlighting other new arising threats to trade.


Along with prevention of crime, IMB also educates the shipping community and a wider audience which is remotely concerned with trade. For this purpose, IMB runs several course and certification programs that have proved beneficial.


IMB also provides an authentication service for documentation related to trade and finance.

Suppression of piracy is one of the key focus areas of the IMB. The IMB Piracy Reporting Centre was founded in 1992 and is based in Kuala Lumpur. It maintains a round-the-clock account of the world’s major shipping lanes and alerts local law enforcing authorities regarding any piracy attempts.

 

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