There was a clear decrease in incidents of piracy during the first quarter of 2019, compared to the same period last year. This according to the report in International Maritime Bureau’s latest confidential bulletin.

Except from the global trends of piracy and armed robbery incidents at sea, this issue of the IMB bulletin also reports on a superyacht linked to the 1MDB state fund scandal being sold.

The head of the troubled Atlas Bank of Montenegro sues the president and a raid has been executed at an Indian steel company over bank fraud.

The Swedish Club members can access the IMB Confidential Bulletin 08/2019 through the SCOL website (The Swedish Club Online member area).

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.