TradeSense Episode 6 | Sanctions in 2025: Shadow Fleet Tactics, Flag Risks & Third-Party Exposure

As maritime sanctions evolve, enforcement is expanding beyond vessels and owners and into the networks that support them.

In this episode of TradeSense, Gonzalo Saiz, Research Fellow at Centre for Finance and Security (CFS) at RUSI, joins Simon Ring, Senior Commercial Director at Windward, to break down the EU’s 18th sanctions package, the growing focus on the shadow fleet, and the unprecedented action against flag registries and third-party enablers.

From false flags to dynamic price caps and loopholes in refined crude exports, this conversation highlights the tactics regulators are watching, the risks operators need to anticipate, and the critical role of advanced data in staying compliant.

Whether you’re managing compliance, chartering decisions, or risk exposure across jurisdictions, this episode offers the clarity you need to navigate Q4 and prepare for what’s coming next.

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