Japan imposed sanctions in October 2026 targeting dozens of Russian individuals, military-industrial companies, and 35 shadow fleet vessels
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The U.S. Treasury Department warned that false flags and fake maritime certifications allow vessels transporting Iranian petroleum to evade international regulations without indemnity insurance, creating billions of dollars in potential environmental and financial liabilities for host countries
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The US Treasury alleged Suniel Kumar Sharma and Jaspreet Preeti Shahid operated a Chandigarh-based network that created web domains and fraudulent registries impersonating maritime authorities of countries including Guyana, Eswatini, Laos, Dominica, Aruba, Mali, Mozambique, Malawi, Sint Maarten, and Timor-Leste
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