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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Tackling Location (GNSS) Manipulation with Windward’s Patented Tech
Staying ahead of deceptive shipping practices (DSPs) and global navigation satellite system (GNSS) manipulation isn’t just an operational advantage, it’s a necessity. With high stakes and complex challenges, businesses need cutting-edge solutions they can trust. Location (GNSS) manipulation is expanding rapidly, with an identifiable main geographic hub… Two New Patents Two newly approved patents for...
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Unique Insights on the Nearly 400 Iran-Linked Vessels Flagged by EIA
TLDR: Iran’s Billions in Oil Exports Worrisome trends were revealed in the U.S. Energy Information Agency’s (EIA) first report about Iran’s petroleum exports, as required by the Stop Harboring Iranian Petroleum (SHIP) Act. According to the non-partisan Foundation for Defense of Democracies (FDD): “The report found that between 2021 and 2023, Tehran sold $144 billion...
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