Shipping faces a sanctions compliance crisis

Lloyd's List

…“Right now, there is no need for Russian tankers, or companies transporting Russian oil, to employ the sanctions-evasion.  tactics that Iran has — but it doesn’t mean that they won’t in the future,” said Claire Jungman, chief of staff at the lobby group and sanctioned vessel tracker, United Against Nuclear Iran. “And we know the maritime industry is slow to adopt new measures to enhance their due diligence or compliance procedures because we see it with Iran and Venezuela. If the industry is not able to stop oil that is actually sanctioned, how are they going to be able to deal with Russia?”