Norden: Bunker fraud easily amounts to 3-4 percent

Bunker fraud is a serious problem, and shipping company Norden has seen cases where several percent of the bunker never reach the carrier's ships. A series of initiatives will minimize the fraud.

Shipping company Norden knows all about bunker fraud, and the carrier can name glaring examples in which the agreed amount of bunker never made it on board the ship. The extent of the fraud has decreased, but bunker fraud is still a problem on the global markets, with Singapore repeatedly mentioned as a key fraud location.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must contain at least 6 characters
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading