TRACE: ‘Shipping exposed to more corruption than any other industry’ (splash247.com)
Annapolis: Shipping is hit by more cases of corruption than just about any other industry, Alexandra Wrage, the president and founder of anti-bribery compliance expert TRACE, says in today’s Maritime CEO interview. “In many ways, the shipping industry is exposed to more levels of corruption than any other industry,” …
  • George Coman Dealing with a corrupt executive in a shipping company nearly cost me everything I have tried to build on my own. The guy was stealing parts from the ship's store and wanted my company to sell them for him in exchange for letting us work on their fleet. I have called the cops, he got busted with a truck full of parts, but his company never pressed charges, just canned him. My company never got a contract from them after that, so I think more than one person was involved.
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