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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The Latest Underwater Cable-Cutting Incident Involves Identity TamperingÂ
Taiwanese authorities have accused a Chinese freighter of cutting a subsea communications cable just off the coast of Keelung on January 3, 2025. This latest critical underwater infrastructure incident, following three relatively recent underwater infrastructure disruptions in the Baltic Sea, is murky and involves identity tampering. Four seemingly different vessels, with different names, IMOs, MMSIs,…
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Geopolitics → Sanctions → Trade Flows: Expect the ShiftÂ
Geopolitics, sanctions, and trade flows are intertwined forces that shape the maritime and trade landscape. We’ll see how these dynamics continue to evolve this year, driving both opportunities and challenges for stakeholders. Based on insights from Windward’s 2025 Top Trends in Global Trade report, this blog post explores the shifting tides of deceptive shipping practices,…
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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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