Episode 6 - Maritime Sanctions: the Risks of Non-Compliance

Episode 6 - Maritime Sanctions: the Risks of Non-Compliance

The shipping and commodities industries have found themselves at the forefront of sanctions developments in recent months.

As the United States continues its campaign of sanctions against Iran, North Korea, Syria and Venezuela, the Office of Foreign Assets Control or ‘OFAC’, is increasing the pressure on the maritime and commodities industries to require sanctions compliance.

My name is Nick Maddalena, a consultant for Shoreline, the specialist insurer that provides pioneering maritime insurance solutions on a global scale for US trading and beyond.

In this, the latest in the series of Shoreline’s Maritime Risk Podcasts, I discuss with two leading experts the maritime sanctions ‘seascape’ and the risks and repercussions to shipowners of non-compliance.

Mike Salthouse is a member of the senior leadership team at North Group and a qualified lawyer. He has led industry engagement on the topic of sanctions with the US, EU and UK governments since 2011.

Ron Crean leads global energy, maritime and insurance at Windward. His 27 year maritime career spans shipbroking, liner shipping, tanker chartering and ports and he was one of the pioneers of using AIS data to track commercial shipping starting AIS Live in 2004.

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Episode 50 - Cyber Security at Sea - Mini Series - Episode 3 : AI at Sea: When Confident Machines Quietly Increase Risk

Episode 50 - Cyber Security at Sea - Mini Series - Episode 3 : AI at Sea: When Confident Machines Quietly Increase Risk

Artificial intelligence is rapidly finding its way onto ships at sea, from collision avoidance and route optimization to predictive maintenance and decision‑support tools. But when machines speak with...

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Episode 49 - Cyber Security at Sea - Mini Series - Episode 2 : GNSS Degradation Emerges as Critical Threat to Modern Navigation - The Invisible Cyber Risk at Sea

Episode 49 - Cyber Security at Sea - Mini Series - Episode 2 : GNSS Degradation Emerges as Critical Threat to Modern Navigation - The Invisible Cyber Risk at Sea

Modern ships are more connected, more automated, and more exposed than ever before. In this episode of the ShorelineHudson Maritime Risk Podcast, we move beyond theory and into operational reality. Wh...

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Episode 48 - Cyber Security at Sea - Mini Series - Episode 1: Quiet Drift – The Invisible Cyber Risk at Sea

Episode 48 - Cyber Security at Sea - Mini Series - Episode 1: Quiet Drift – The Invisible Cyber Risk at Sea

Modern ships rarely fail in dramatic fashion. Instead, they drift. In this first episode of a special five-part Maritime Risk Podcast miniseries, Captain Thomas Brown is joined by Andrew Sallay, Co-Fo...

25 Feb 30min

Episode 47 - Navigating the Future: How the US Maritime Action Plan Will Reshape Global Shipping

Episode 47 - Navigating the Future: How the US Maritime Action Plan Will Reshape Global Shipping

In this latest episode of the ShorelineHudson Maritime Risk Podcast, host Captain Thomas Brown is joined by our Global Policy Advisor, Andrew Baskin, as they dive deep into the America’s Maritime Acti...

19 Feb 13min

Episode 46 - How U.S. Enforcement, Shadow Fleets, and Maritime Interdictions Are Redefining Risk at Sea

Episode 46 - How U.S. Enforcement, Shadow Fleets, and Maritime Interdictions Are Redefining Risk at Sea

Recent months have marked a clear shift in how geopolitical risk manifests in the maritime sector. What once appeared as policy statements and sanctions lists is now translating into direct enforcemen...

26 Jan 25min

Episode 45 - COFR Plus: Managing Detention, Delay, and Enforcement Risk in U.S. Waters

Episode 45 - COFR Plus: Managing Detention, Delay, and Enforcement Risk in U.S. Waters

Today’s episode isn’t about reinventing COFR guaranty insurance. It’s about how the COFR guaranty insurance transaction itself can be enhanced to reflect the operational reality of modern U.S. trade. ...

16 Jan 22min

Episode 44 - “One Source of Truth: How USCG Credential Reform Changes the Rules for Mariners & Shipowners”

Episode 44 - “One Source of Truth: How USCG Credential Reform Changes the Rules for Mariners & Shipowners”

For years, US mariner credentialing relied on fragmented systems, inconsistent records, and limited transparency—leaving mariners, shipowners, and operators exposed to hidden risk. That is about to ch...

14 Dec 202516min

Episode 43 - The New $1,000 DHS Parole Fee: What Shipowners Must Know Before Calling the U.S.

Episode 43 - The New $1,000 DHS Parole Fee: What Shipowners Must Know Before Calling the U.S.

Foreign-flagged vessels calling at U.S. ports now face a significant new operational challenge: the Department of Homeland Security has implemented a $1,000 immigration parole fee, effective 16 Octobe...

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