by Oddbjørn Slinning, Partner and Maritime Law Expert - Shipping Offshore team, Tine Elisabeth Vigmostad, Partner and Sanctions Expert - Compliance and Sanctions team, and Marie Solberg Hatten, Associate - Compliance and Sanctions team, Wikborg Rein

Today's geopolitical landscape is challenging.

The number of sanctions promptly imposed against Russia following the full-scale invasion of Ukraine in February 2022 is unprecedented.

Although the shipping industry was already exposed to a heightened sanction risk due to the natural complexity of the industry and the ever-evolving regulatory landscape, the new reality has made the muddy waters of sanctions particularly difficult to navigate.

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