S3 e3 case-study

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S3 e3 case-study

  1. 1. CASE STUDY
  2. 2. PAYMENTS AND “SOUND” FRAUD SCHEMES
  3. 3. 1. TO PORT
  4. 4. VESSEL WAS FIXED THROUGH BROKER THE SHIPPER IS WELL KNOWN ON THE MARKET
  5. 5. CHARTERERS APPOINTED THE AGENT AT THE PORT OF LOADING
  6. 6. DISBURSEMENT ACCOUNT USD 70 000
  7. 7. 3 DAYS OF WAITING
  8. 8. SHIPOWNER HAD NO CHOICE BUT TO RE FIX THE VESSEL
  9. 9. 2. SUSPICIONS WERE VERIFIED
  10. 10. THE CARGO ON BOARD AND THE B/L ISSUED
  11. 11. B/L WERE HELD BY THE AGENT FREIGHT PREPAID
  12. 12. EMAIL WAS RECEIVED BY THE AGENT
  13. 13. AT THE SAME TIME THE SHIPOWNER’S INBOX WAS SPAMED
  14. 14. B/L WERE PASSED
  15. 15. 3. LONG-TERM PERFORMANCE
  16. 16. SELLER BUYER/CHARTERER SHIPOWNER CARGO OWNER
  17. 17. BEWARE!
  18. 18. KNOW YOUR TOOLS
  19. 19. THE OWNER CARGO OWNER CARGO OWNER CARGO OWNER CARGO OWNER Total number of Bill of Ladings: 22 Total price of the Cargo: USD 26,000,000.00
  20. 20. THE OWNER CARGO OWNER CARGO OWNER CARGO OWNER CARGO OWNER
  21. 21. Convention on Limitation of Liability for Maritime Claims 1976 Article 1 Shipowners and salvors, as hereinafter defined, may limit their liability in accordance with the rules of this Convention Practice Direction for Civil Procedure Rules 61 Par. 10 Where a limitation fund is established, it must be the sterling equivalent of the number of SDR…
  22. 22. ONE VESSEL COMPANY BECAME NO VESSEL COMPANY
  23. 23. LIMITATION FUND CONSTITUTED BY P&I guarantee for USD 11,000,000.00
  24. 24. “…Owners are entitled to constitute a limitation fund under the 1976 Convention, by means of the production of a guarantee.”
  25. 25. SANCTIONS INFLUENCE ON SHIPPING
  26. 26. SHIPPERS CHARTERERS OWNERS CONSIGNEES
  27. 27. USA: designations extend to any entity owned or controlled by designated persons EU: Regulations apply to funds and resources “controlled by” listed persons and prohibit making funds available to such persons “directly or indirectly”
  28. 28. 1. LIEN ON CARGO 2. FREIGHT ON ESCROW 3. RELEASE OF CARGO
  29. 29. По нашему мнению, причиной порчи груза явилось умышленное бездействие судовладельца в связи с неоплатой фрахта. Т.е. произошедшее событие нельзя рассматривать как случайность, скорее его следует считать прогнозируемым результатом. Рекомендуем вам принять меры к защите интересов. ПОЗИЦИЯ СТРАХОВЩИКОВ:
  30. 30. 2. LIEN ON CARGO 3. FREIGHT ON ESCROW 1. DISCHARGING AT WAREHOUSE 4. RELEASE OF CARGO

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