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Fraud News

 

IUMI, TAPA Warn of Escalating Cargo Theft and Freight Fraud

Feb 03, 2026

An alarming rise in cargo theft and freight fraud across global supply chains is being highlighted by the International Union of Marine Insurance (IUMI) and the Transported Asset Protection Association (TAPA) EMEA, with incidents escalating across Europe, the Americas and Africa. Latin America and several African nations are experiencing particularly severe and violent attacks.According to TAPA’s intelligence system…

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Officials expect an intergovernmental agreement for a $25 billion Nigeria-Morocco pipeline this year.
Sources say that the freight rates for Russian Urals crude oil are expected to ease in April.
Fuel costs are increasing, so airlines are reducing their prices and cutting back on their outlook.