Shipping’s $275m lesson in the limits of sanctions screening

A sanctions settlement has exposed a fundamental weakness in shipping’s compliance systems. Wolfgang Lehmacher reports. On paper, Adani Enterprises did what compliance manuals demand. According to OFAC, before each LPG cargo arrived, it screened ships, operators and sellers against the US sanctions list. The names were clean. In May 2026, Adani agreed to pay $275m … Read full article →