Why Trump may be about to apply ‘maximum pressure’ to shipping’s fake flag problem
- Attempts to tackle fraudulent ship registries at IMO are faltering
- 30% of Iran’s oil and gas is carried on ships flying fraudulent or unknown flags
- US plans to interdict ships at sea carrying Iranian crude would add pressure on fake flag operators
Despite previous US efforts to ramp up sanctions enforcement, Iran’s crude exports remain largely unaffected, but the looming ‘maximum pressure’ campaign promises to change that, putting the US on a collision course with the operators of fraudulent shipping registries
