EU’s 16th Sanctions Package: What Traders & Shippers Need to Know (And Do)
The European Union’s (EU’s) latest sanctions against Russia are on the horizon, with its 16th sanctions package agreed upon by EU envoys this week (February 19, 2025). While the full list of sanctioned entities and individuals will apparently only be published next week, the package signals further tightening of restrictions – particularly on the maritime...
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Trump Tariffs Transform Trade
Has American President Donald Trump launched a trade war? How will his latest moves affect your organization? And what can you do to remain prepared for the coming impact on the global supply chain and changing trade routes? A Quick Recap Things are changing so quickly, it’s hard to keep up! First, President Trump backed...
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OFAC’s Bold Move to Disrupt Russian Energy Exports
The U.S. Treasury’s Office of Foreign Assets Control (OFAC) has issued sweeping sanctions against over 180 vessels and 170 companies connected to Russian energy exports, shadow fleet operations, maritime insurance, and oilfield services. These actions are part of a broader effort to disrupt Russia’s revenue streams and target networks that enable sanctions evasion. The implications...
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Windward Trade Patterns & Risk Insights Report Q4 2024
Read the report for a complete picture of Windward’s Q4 2024 risk insights. Don’t Wait Another Quarter to Understand Evolving Risk
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The EU’s 15th Sanctions Package: Targeting Russia’s Shadow Fleet
The European Union has introduced the 15th sanctions package, in its continued effort to address sanctions circumvention and undermine Russia’s military and industrial capabilities. It targets 52 additional ships involved in high-risk activities, including transporting oil, arms, and stolen Ukrainian grain. Escalating Measures Against Russia’s Shadow Fleet The EU’s focus in this sanctions package is...
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