Tankers no longer fit the catch-all definition of ‘dark fleet’, even if they share similarities and meet the established criteria.
Published by Lloyd’s List Intelligence, download the annual Risk & Compliance special report for a comprehensive analysis of the rising dark fleet, and an updated view on what measures are being implemented to combat the rise in illicit activity.
Download our whitepaper for a closer look at the challenges of reducing TBML risk – and what compliance professionals need to do to stay ahead of the curve.
Market cycles can be forecast, but with limited reliability. The extremities of market peaks, however, are driven by ‘black swans’ – developments and events that happen only rarely, tend to catch society by surprise, and have a transformative impact around the globe.
From aspiration to action: How shipping’s leaders plan to accelerate the decarbonisation timeline
The shipping industry faces a generational challenge. It must transition away from fossil fuels as the dominant marine energy source within the lifespan of today’s newbuilt ships, but it must do so amid regulatory, financial and technical uncertainty.
And the industry is behind the curve.
In Red Light or Green Light: The Dilemma Facing Shipowners, we examine the deep implications of the decisions shipowners need to make now on how they will meet emissions targets over the coming years. Whichever route they take, our analysis shows that the transition to zero carbon will have a profound impact across the industry.
Environmental, Social and Governance (ESG) capital requirements will trigger the need for scale, stability, and consolidation - married with long term cargo trends and interests; together stimulating a tectonic shift in shipping business models.
In The Sanctions-Skirting Secrets of Shipping, we look at the global scale of the operations that transport and exchange illicit commodities through a network of vessels using similar playbook tactics to evade detection. Our data shows how large and impactful the problem is today – and it’s growing and evolving.
Ill-equipped shipping, finance and insurance businesses have found themselves navigating a maze of international enforcement that is riddled with contradictions. Compliance experts have found themselves under sharply increased demand round-the-clock, as they labour to navigate the rapidly evolving financial trade restrictions.