NCA issues a red alert on “shadow fleet” networks evading maritime sanctions, urging FIs to enhance due diligence, monitor vessel and ownership risks tied to Russia-linked evasion

These vessels exploit tactics such as AIS manipulation, frequent reflagging under flags of convenience, and ownership obfuscation to avoid detection and enforcement. The alert highlights the growing use of covert shipping networks in response to Russia-related sanctions and the critical role of financial intelligence in disrupting these schemes…