Between rules and orders: shipping’s compliance dilemma in a fractured world
- The Hormuz blockade has created unprecedented dilemmas, from ambiguous transit fees to US seizure operations ensnaring legitimate players
- US waivers offer narrower protection than they appear, leaving operators exposed under other jurisdictions
- Even a US-Iran deal would not simplify compliance, with the industry likely to remain split between two parallel markets
Shipping’s compliance landscape is fracturing under geopolitical pressure, with waivers, blockades and seizures creating a minefield where even well-intentioned decisions risk regulatory scrutiny
