Britannia has becomes the first P&I club to be accepted as a member of the Maritime Anti-Corruption Network (MACN).
The organisation was set up in 2011 by a group of maritime companies committed to eradicating the industry of all forms of corruption.
It has more than 100 members, representing a sizeable percentage of the global fleet, Britannia said.
“We’re proud to be the first P&I Club to have been accepted as a member of MACN,” added Andrew Cutler, CEO of Britannia’s manager Tindall Riley.
“Tackling corruption is vital to ensure that companies in the maritime sector can protect their crew and staff, reduce operational risk, and trade fairly and on an equal footing.”
He added: “Britannia is often called for support whenever a member resists unlawful demands and the liberty of the ship or crew is threatened. In this context, P&I Clubs play a vital role when their members stand up to corrupt demands.”
MACN director Cecilia Muller Torbrand said: "Britannia’s recognition of the problem, and their support for MACN, is an important step in our industry showing a united front against corrupt practices.”
The idea is for Britannia to provide the network with valuable input from an insurance sector perspective.
