Marine Link
Monday, September 26, 2016

OECD Warns of Secrecy, Maritime Risks

May 1, 2003

A recent wire report from Reuters commented that corporate secrecy, a prevalent business practice in the tight-lipped maritime industry, could enable extremists to launch a "maritime September 11" attack. OECD leaders indicated in the wire report that tougher rules on declaring ownership and a crackdown on the use of flags of convenience could help combat both rule-flouting shipownwers as well as potential terrorists. Ever since the September 11, 2001 terrorist attacks in the U.S., the maritime industry has had a much heightened awareness of the potential to use such high value targets as tankers or cruise ships to make a statement. OECD experts are to report in November on what measures states could take to boost security and openness. The May 2003 edition of leading industry publication Maritime Reporter & Engineering News offers an in-depth perspective from noted attorney Dennis L. Bryant of Holland & Knight, Washington, D.C., of new "openess" laws in the U.S., and their likely effect on the marine business. View the article by visiting www.marinelink.com.


Maritime Reporter Magazine Cover Sep 2016 - Maritime & Ship Security

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News