Shipping should brace for a compliance crackdown this year
The US, EU and UK are targeting ship registries and dark fleet hubs, including the UAE. Ultimately it is a choice, says the US: you can do business with us, or do business with those who facilitate Russia’s war. It’s time to decide
Last year was about installing an unparalleled network of sanctions restricting trade. 2023 is going to be defined by increasingly aggressive enforcement regime as Western governments seek to close off the loopholes and make examples of those who have continued to skirt restrictions
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