Movement of an empty cargo ship

Definition

Movement of an empty cargo ship, which might create a false or misleading impression as to the supply of, or the demand for, or the price or value of a commodity or the deliverable into a financial instrument or a related spot commodity contract

Surveillance

Effective implementation of surveillance alerts for movement of an empty cargo ship requires capturing the following trade data:

  • trade data and position data

  • communications data

  • cargo ship scheduler

Surveillance alerts should consider external communications, cargo ship schedule and relevant position or trade data.

Regulatory source

Movement of an empty cargo ship, which might create a false or misleading impression as to the supply of, or the demand for, or the price or value of a commodity or the deliverable into a financial instrument or a related spot commodity contract.

COMMISSION DELEGATED REGULATION (EU) 2016/522, Annex II, Section II, 1 (g)