Blog

On 16th June 2022, MOL Drybulk Ltd created the 2 millionth port call in DA-Desk.

Last week, Hans-Christian Mordhorst, Marcura’s Group Chief Commercial Officer visited their office to hand over a celebration plate to Mr Kazuhiko Kikuchi, President, and team.

This advisory is intended to provide our customers with a brief roundup update on developments we have seen in the insurance rules and policy coverages of P&I clubs in response to the heightened environment surrounding sanctions.

Helen Trundle, Key Accounts Manager at DA-Desk, has recently been invited to join the Baltic Exchange Membership Council.

We chatted with Helen to find out more about it.

DA-Desk uses AIS data (the automatic identification system that uses transceivers on ships to monitor vessels positions) to track a vessel’s frequency of calls in case a discount or rebate applies.

The cost of calling at a port needs to be as accurate as possible for the chartering team to calculate voyage expenses.

How much costs can change depends on different variables which, if carefully assessed, support the risk analysis in taking cargo or not.

Sanctions in the maritime industry are being imposed faster than ever before, and the high-pressured regulatory landscape means not only has your liability changed, but the anti-bribery and anti-money laundering compliance landscape is becoming increasingly complex.

Operations Directors should ensure that continuous monitoring programs are in place to keep up to date on the latest sanctions and other regulations.

The maritime industry faces some tough anti-financial crime compliance challenges, including the need to keep up-to-date with potentially thousands of agents around the world, having multiple voyage-associated parties across various jurisdictions and facing the opaque ownership of ships and assets.

We’ve set out some generally accepted guidelines which can assist with managing compliance.