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Sanctions in the maritime industry are being imposed faster than ever before, and the high-pressured regulatory landscape means not only has your liability changed, but the anti-bribery and anti-money laundering compliance landscape is becoming increasingly complex. Operations Directors should ensure that continuous monitoring programs are in place to keep up to date on the latest sanctions and other regulations.

Sanctions in the maritime industry are being imposed faster than ever before, and the high-pressured regulatory landscape means not only has your liability changed, but the anti-bribery and anti-money laundering compliance landscape is becoming increasingly complex. Operations Directors should ensure that continuous monitoring programs are in place to keep up to date on the latest sanctions and other regulations.

Sanctions in the maritime industry are being imposed faster than ever before, and the high-pressured regulatory landscape means not only has your liability changed, but the anti-bribery and anti-money laundering compliance landscape is becoming increasingly complex. Operations Directors should ensure that continuous monitoring programs are in place to keep up to date on the latest sanctions and other regulations.

A report by Marcura and Thetius titled “Navigating Financial Seas” asked CFOs to provide frontline insights into the challenges they face as digital transformation is increasingly a central consideration for companies.

When processing disbursement accounts (DAs), senior executives across the maritime landscape have highlighted cyber risks and anti-financial crime (AFC) compliance checks among their top concerns, a recent survey by DA-Desk has highlighted.

Calculating port costs can be complicated and time-consuming, but using the right digital solution combined with human expertise can ensure accuracy at a rapid pace.

Embracing digital platforms to manage port calls and associated payments could significantly boost transparency, ship operator profits and employee productivity.

Process automation is becoming increasingly popular amongst businesses worldwide, with 73% of organisations adopting some form of automated technologies. However, it is reported that 31% of companies still rely heavily on paper-based processes.

Sanctions in the maritime industry are being imposed faster than ever before, and the high-pressured regulatory landscape means not only has your liability changed, but the anti-bribery and anti-money laundering compliance landscape is becoming increasingly complex. Operations Directors should ensure that continuous monitoring programs are in place to keep up to date on the latest sanctions and other regulations.

Digitalisation is reshaping how shipping operations are managed, creating opportunities for those ready to adapt. But where do you begin? Discover the seven golden rules to successfully digitalise your shipping operations.