The geopolitical landscape experienced significant and rapid shifts throughout 2024, and this trend has continued into 2025, reports Llyod’s List.
Impact Of Geopolitical Events
The year 2025 has already witnessed significant geopolitical events impacting the maritime industry. These include the implementation of new tranches of sanctions by the outgoing Biden administration and the placement of Chinese shipping giant Cosco on the U.S. Department of Defense sanctions list due to its links to the Chinese military.
Before these events, maritime risk and compliance experts at Lloyd’s List gathered to discuss key trends and challenges expected in 2025.
The discussion focused on several critical issues, including:
- The increasing use of sanctions by multiple governments to control the trade of a growing “dark fleet” of vessels.
- The rise of Automated Identification System (AIS) manipulation and its implications for maritime security.
- The potential for a return of shipping through the Red Sea, following recent geopolitical developments in the region.
The discussion featured insights from key industry experts:
- Michelle Wiese Bockmann, Principal Analyst, Lloyd’s List
- Tomer Raanan, Senior Maritime Reporter, Lloyd’s List
- Bridget Diakun, Maritime Risk Analyst, Lloyd’s List
This panel discussion provided valuable insights into the evolving maritime risk landscape and the challenges that shipping companies are likely to face in 2025.
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Source: Lloyd’s List
