IN a move to maker to make the industry safer and more secure, international freight transport insurer tt Club has joined the Maritime Anti-Corruption Network (MACN), to tackle corruption in the maritime sector.
'TT Club has long been aware of the issues surrounding corruption in the maritime transport industry. The insurer is dedicated to ensuring these corrupting effects on the overall integrity of freight transport worldwide are minimized, if not eradicated.
'As such TT is delighted to partner with the MACN, an organization with an exceptional track record of highlighting and reducing corruption,' the insurer said in a statement.
With a current membership of over 180 organizations globally, MACN has three primary objectives: Capability Building, Collective Action and Collaboration.
TT will work with MACN in implementing its Anti-Corruption Principles by raising the awareness of corruption issues and promoting best practices to combat its effects. The insurer will also help MACN promote their drive for collective action with the aim of creating a more sustainable operating environment through anonymous reporting and data analysis.
TT's COO Mark Argentieri, said: 'In joining MACN, we are taking a further step in focusing on the issues that are most relevant to our own members, and where the Club is able to have a positive impact, cooperating with international institutions that are dedicated to ensuring increased transparency in maritime transactions and enhanced procedural integrity.'
Cecilia Muller Torbrand, CEO of MACN said: 'We are delighted to welcome TT Club to the Maritime Anti-Corruption network (MACN) and look forward to working together towards the elimination of all forms of maritime corruption. It is exciting that we will be able to reach a new group of stakeholders with TT Club as a Member.'
SeaNews Turkey
'TT Club has long been aware of the issues surrounding corruption in the maritime transport industry. The insurer is dedicated to ensuring these corrupting effects on the overall integrity of freight transport worldwide are minimized, if not eradicated.
'As such TT is delighted to partner with the MACN, an organization with an exceptional track record of highlighting and reducing corruption,' the insurer said in a statement.
With a current membership of over 180 organizations globally, MACN has three primary objectives: Capability Building, Collective Action and Collaboration.
TT will work with MACN in implementing its Anti-Corruption Principles by raising the awareness of corruption issues and promoting best practices to combat its effects. The insurer will also help MACN promote their drive for collective action with the aim of creating a more sustainable operating environment through anonymous reporting and data analysis.
TT's COO Mark Argentieri, said: 'In joining MACN, we are taking a further step in focusing on the issues that are most relevant to our own members, and where the Club is able to have a positive impact, cooperating with international institutions that are dedicated to ensuring increased transparency in maritime transactions and enhanced procedural integrity.'
Cecilia Muller Torbrand, CEO of MACN said: 'We are delighted to welcome TT Club to the Maritime Anti-Corruption network (MACN) and look forward to working together towards the elimination of all forms of maritime corruption. It is exciting that we will be able to reach a new group of stakeholders with TT Club as a Member.'
SeaNews Turkey