The United Nations' shipping agency is working on tougher measures to clamp down on rogue shipping companies trying to use flag registries ...
LONDON: The United Nations' shipping agency is working on tougher measures to clamp down on rogue shipping companies trying to use flag registries fraudulently to conceal their activities, officials said.
Drug and weapon smuggling are among other areas of trade in which front companies attempt to conceal their activities to avoid being detected. Other recommendations included enhanced verification of vessels through their unique IMO numbers and adherence to the requirement for an onboard record of a ship's history.The IMO will also work with the U.N. Security Council to create a searchable database that would show vessels subject to U.N. resolutions. The work is expected to be completed in 2021.
Multiple countries have reported to the IMO that their registries had been used without the knowledge of the maritime authority for fraudulent purposes through fake documents or even maintaining the flag after it had been terminated.
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