Industry Calls for Action on Cargo Theft


A range of measures has been called for by marine insurer IUMI in a bid to counter the effects of mass cargo theft that is currently taking place on a global scale, according to World Maritime News.

It was shown at a recent IUMI conference in Berlin, Germany that high-value goods are not the only type of commodities being stolen as was previously thought.

The IUMI said: “In many incidents, cargo crimes are not single events or committed out of opportunity, but performed in a well-organised and professional manner.”

Cargo theft was previously reported by PTI as being one of the biggest risks facing cargo owners globally, with pharmaceuticals and electronics being top targets.

Cargo tracking solution provider Globe Tracker’s ‘GT Communications Unit’ is a solution available to cargo owners to help mitigate cargo theft by allowing cargo owners to track their assets in real-time.

Read more about Globe Tracker in our Supplier Directory

An increasing argument from maritime insurance firms revolves around the risk of cybercrime in the port and shipping industries.

Often computer software is tampered with by thieves that gain access to ports, and no trace of a crime is left behind.

Thieves are then able to jeopardise port operations and manipulate the destinations of containers to their own benefit.

Read a Technical Paper by Peregrine Storrs-Fox of London’s TT Club on the threat of cybercrime in ports

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