MAERSK AND CORRUPTION IN THE MARITIME WORLD

In its annual sustainability report, shipping giant Maersk hit out at the ongoing corruption in the maritime sector, criticising “an environment where facilitation payments and extortion are common occurrences”.  It says it has zero tolerance towards corrupt behaviour and participate actively in the fight against corruption.  Maersk Line is an active, founding member of the Maritime Anti-Corruption Network (MACN), a global business network working for a maritime industry free of all types of corruption.  AP Moller-Maersk works with the Business & Industry Advisory Committee to the OECD on the development of an OECD-backed project on facilitation payment reduction in selected countries. Furthermore, Maersk businesses participate in a number of projects aimed at eliminating facilitation payments.  The report also comments on the enhanced integration of human rights into the company’s operations, and improved guidance on the use of guards launched in 2017.  It refers to the AP Moller-Maersk whistleblower hotline provides internal and external stakeholders with a channel to report suspicions of behaviour or practices that violate laws or key company policies. The hotline has been in operation for 7 years and is available in 75 languages.

https://www.maersk.com/business/sustainability/risk/anti-corruption

The report is available at –

https://www.maersk.com/-/media/business/sustainability/sustainability-highlights-2017/apmm_sustainability_report_2017_a3_180209.ashx?la=en

More information on the OECD Maritime Anti-Corruption Network (MACN) –

https://www.law.columbia.edu/sites/default/files/microsites/public-integrity/338028932-capi-maritime-anti-corruption-network-issue-brief.pdf

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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