GMS Leadership

In this Capital Link Expert Talk, Dr. Anil Sharma explains to Nicolas Bornozis that the OFAC license should not be viewed as blanket permission or a shortcut. It is a controlled framework that requires careful review of the vessel, the owner, the seller, the sanctions exposure and the money trail.

A lawful recycling pathway must ensure that sanctioned vessels are removed from trade and that sanctioned actors do not improperly benefit. That is why the process must remain case by case, documented and controlled.