International Maritime Bureau (IMB) report in their latest confidential bulletin to members about incidents involving synthetic trade Letters of Credit, collusion charges against certain shipping companies and regulatory fines imposed against auditors KPMG, fraud, law enforcement and defaults generally, which members can access through the SCOL website (The Swedish Club OnLine member area).

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Member Alert is published by The Swedish Club as a service to members. While the information is believed correct, the Club cannot assume responsibility for completeness or accuracy.