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The Fuse | The Art of Sanctions-Busting, Part Two: How Three LPG Tankers Set Sail for Syria

On January 14, a liquefied petroleum gas (LPG) tanker sailing under the name Captoon 2 (IMO 8817693) set off from the Romano port in Albania, bound for Tripoli in northern Lebanon. It then turned off its Automatic Identification System (AIS) and sailed on radio silence for more than a week reappearing 10 days later off Cyprus. The curious pattern repeated itself with two other LPG tankers. The Katara (IMO 9003079) set sail from the Turkish port of Dortyol on January 20, going off the radar near Cyprus while signaling for Beirut. It reappeared five days later at the same location. And earlier this month, the Happy (IMO 9040170), left Aspropyrgos in Greece for an unclear location, going dark on February 10 in the same area off Cyprus only to reappear four days later as it was leaving the region. Yet another vanishing act.

The Fuse | The Art of Sanctions-Busting, Part Two: How Three LPG Tankers Set Sail for Syria

The Fuse | The Art of Sanctions-Busting, Part Two: How Three LPG Tankers Set Sail for Syria
energyfuse.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from energyfuse.org Daily Mail and Mail on Sunday newspapers.

Windward Launches Seven Levels of Ownership and Management Insights Creating the Maritime Industry s First All-in-One Platform for Comprehensive Risk Management

Home / Shipping News / International Shipping News / Windward Launches Seven Levels of Ownership and Management Insights Creating the Maritime Industry’s First All-in-One Platform for Comprehensive Risk Management Windward Launches Seven Levels of Ownership and Management Insights Creating the Maritime Industry’s First All-in-One Platform for Comprehensive Risk Management Windward, the Predictive Intelligence company applying AI to transform global maritime trade, announced today the launch of its Seven Levels of Ownership and Management Insights, creating the industry’s first all-in-one Maritime AI platform that provides comprehensive analysis into every entity when evaluating maritime risks, including insights on vessels, cargo, and ownership and management. Windward exposes ownership risks by combining data from best-in-class, market-based sources and refining it through its AI-powered platform to attain the most precise maritime intelligence available.

Windward launches all-in-one AI platform for maritime industry

Windward launches all-in-one AI platform for maritime industry LONDON, 24 days ago Windward, a predictive intelligence company applying AI to transform global maritime trade, announced today the launch of its Seven Levels of Ownership and Management Insights, creating the industry’s first all-in-one Maritime AI platform that provides comprehensive analysis into every entity when evaluating maritime risks, including insights on vessels, cargo, and ownership and management.    Windward exposes ownership risks by combining data from best-in-class, market-based sources and refining it through its AI-powered platform to attain the most precise maritime intelligence available, said a statement.    Rounding out Windward’s solution, Seven Levels of Ownership and Management Insights empowers the company’s clients and partners to make smarter, faster business decisions with a real-time, customized, and 360° view of the maritime ecosystem on one platform, it said.

To pay or not to pay: Another regulator weighs in on the decision to pay a ransom | Hogan Lovells

[co-author: Jacob Wall] Ransomware victims face a nearly impossible decision: pay criminals holding their business hostage or refuse and face possible crippling consequences. This decision requires careful analysis of a number of considerations, and regulators and law enforcement are increasingly weighing in.  On February 4, 2021, the New York State Department of Financial Services (NYDFS) became the latest government entity to provide ransomware guidance when it released a statement recommending that ransomware victims not make ransom payments to cyber threat actors. NYDFS, calling cybersecurity the “biggest risk for government and industry, bar none,” noted that the “biggest driver” in the increasing impact of cybercrime on organizations and insurers is the rise in the frequency and cost of ransomware incidents. According to NYDFS, ransomware payments continue to drive this growing risk because they “fuel the vicious cycle” by enabling cybercriminals to develop and d

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