April 30, 2026
Three Weeks Into the Ceasefire: A Maritime Intelligence Breakdown
Know Your Vessel – Case studies in steering clear of sanctions evasion
What’s inside?
Global trade financing is an increasingly complex task for financial institutions, especially when vessels are involved. Many authorities now expect financial institutions to implement sophisticated controls when it comes to shipping. These include screening and monitoring for potential sanctions violations, trade-based money laundering, and other high-risk transactions.
Recently, the U.S. Office of Foreign Assets Control (OFAC) put out a new advisory describing common deceptive shipping practices. It also recommends a list of due diligence procedures for organizations across the maritime ecosystem to implement.
Given the large volume of transactions and the need for timely processing of transactions, it is not feasible to complete Enhanced Due Diligence (EDD) on every transaction. Financial institutions must rely on a risk-based approach to protect themselves and keep their business on track.
Know Your Vessel: Case Studies in Steering Clear of Sanctions Evasion examines two public examples where standard screening tools failed to identify red flags associated with a vessel involved in a transaction and reviews the resulting risks to the transaction parties.
It goes on to explain how a Know Your Vessel (KYV) process such as considering the vessels’ prior behavior would have flagged the transaction. It ends by describing how KYV can be incorporated into the transaction screening process.
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Three Weeks Into the Ceasefire: A Maritime Intelligence Breakdown
At a Glance The Third Week of the Ceasefire at Sea Three weeks into the ceasefire, the maritime system is showing signs of movement, but not normalization. Transit through the Strait of Hormuz increased during the week, with 20 crossings recorded on April 29, the highest count in the reporting period. Corridor use also broadened,…
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April 30, 2026: Iran War Maritime Intelligence Daily
At a Glance Operational Overview Maritime activity across the Strait of Hormuz increased on April 29, with higher transit volumes and broader corridor usage, while deceptive shipping practices continued to expand across the Gulf. Transit flows rose to their highest level in recent days, with a notable return to the Southern Corridor alongside sustained outbound…
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April 29, 2026: Iran War Maritime Intelligence Daily
At a Glance Operational Overview Maritime activity across the Strait of Hormuz remains stable in volume but increasingly uneven in behavior, with full AIS visibility during transit contrasted by a sharp rise in deceptive activity across the broader Gulf. On April 28, transit volumes held steady, with all crossings conducted while transmitting AIS. At the…
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April 28, 2026: Iran War Maritime Intelligence Daily
At a Glance Operational Overview Maritime activity across the Strait of Hormuz and surrounding corridors remains constrained but operational, with moderate transit levels and continued reductions in both vessel count and dark activity. On April 27, transit volumes held at a moderate level following prior fluctuations, while Gulf-wide vessel presence declined, indicating a partial contraction…
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April 27, 2026: Iran War Maritime Intelligence Daily
At a Glance Operational Overview Maritime activity across the Strait of Hormuz and surrounding corridors remains active but uneven, with transit volumes fluctuating under continued enforcement pressure and operational uncertainty. Following the April 25 rebound, transit activity slowed again on April 26, despite maintaining full AIS visibility across all crossings. At the same time, Gulf-wide…
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April 26, 2026: Iran War Maritime Intelligence Daily
At a Glance Operational Overview Maritime activity across the Strait of Hormuz and adjacent corridors is showing early signs of recovery, but under sustained enforcement pressure and continued sanctions-driven disruption. Transit volumes rebounded on April 25 following several days of suppressed movement, with all crossings conducted under full AIS visibility. At the same time, U.S….
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