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Russia Regime Risk Insights – February 2023

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What’s inside?

    Windward’s Russia Risk Report is a monthly update on risk at sea, offering an overview of emerging behavioral trends in developing hubs prone to illicit activity in the context of the extended sanctions on Russia.

    February’s insights indicate that 46% of all sanctioned cargo vessels are Russian-affiliated, clearly showing the role of the invasion in the cargo/compliance game. It also shows the monthly average of ship-to-ship (STS) operations with the number of vessels from Russia greatly increased in a few hubs.

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