Meeting OFAC’s Call To Action: Combating illicit cargo
The global maritime and transportation industries have long played a vital role in facilitating the movement of goods and people across borders. However, these industries are vulnerable to exploitation by illicit actors who seek to transport contraband goods, evade sanctions, and launder money. In a recent announcement, the U.S. Department of the Treasury’s Office of […]
Increased and evolving threats ‘heighten demand’ for port security
The shipping industry is responsible for about 90% of global trade by volume – Frost & Sullivan’s recent analysis on the global maritime port security market finds that governments are prioritising the safe and secure transportation of goods to ensure economic stability and growth. The sector is being driven by increased threats to port operations, […]
