Transparency is paramount in
fighting corruption

As shipowner and operator, we acknowledge that some of our seafarers may face demands for facilitation payments. We also acknowledge that elimination of such payments is crucial and can only be achieved over time through joint action by the global shipping community and by changes in parts of the world where facilitation payments are common. This includes governments effectively preventing their officials from demanding such payments.

Anti-Corruption policy

The J. Lauritzen Group’s Anti-Corruption Policy is a strict guidance for all managers and employees within the Group. The policy prohibits any inducement which results in a personal gain or advantage to the recipient or any person or body associated with them. It is the Group's policy to conduct business in strict compliance with national and international laws as well as with internationally recognized standards, which together with our core values - form the basis for all our activities.

Bribery and facilitation payments are illegal and clear examples of corruption. As a Group we have a zero tolerance towards corruption and are committed to work proactively in order to prevent bribes and eliminate facilitation payments.

Compliance programme

Our Anti-Corruption policy is specified in our compliance program that includes different tools to ensure that the right and appropriate behaviour is adopted within the Group. We acknowledge that working against corruption calls for adequate and constantly updated procedures. Whenever relevant, we engage in developing our guidelines and practices in collaboration with a variety of our stakeholders.

Participation in the Maritime Anti-Corruption Network

Lauritzen actively participates in the Maritime Anti-Corruption Network (MACN) together with various representatives from the shipping sector.

MACN is a global business network working towards its vision of a maritime industry free of corruption that enables fair trade to the benefit of society at large. MACN Members promote good corporate practice in the maritime industry for tackling bribes, facilitation payments, and other forms of corruption by adopting the MACN Anti-Corruption Principles, communicating progress on implementation, sharing best practices and creating awareness of industry challenges.

MACN also collaborates with key stakeholders, including governments, authorities, and international organizations, to identify and mitigate the root causes of corruption in the maritime industry.

Learn more about MACN >>> 

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