Global Shipping & Maritime Industry: The increasing complexity of sanctions on the risk control framework

To manage the challenge of sanctions network risk in the maritime industry, it is important to consider the broader array of actors across global supply chains that may be exposed. This paper examines the different ways in which stakeholders are impacted by sanctions-related networks and their actions within the maritime industry. It also outlines recent regulatory guidance and provides typologies of sanctions network risk within the maritime industry based on Kharon’s analysis of sanctioned maritime networks globally.