AFAIK in the maritime space the lever is usually seaworthiness and it's connection to insurability[1] Your _really_ don't want your vessels to go uninsured so

AFAIK in the maritime space the lever is usually seaworthiness and it's connection to insurability[1] Your _really_ don't want your vessels to go uninsured so you better comply and the big insurers are in europe/usa (not that I don't think that there are some black sheep). That's also the mechanism by which sanctions work in regards to maritime traffic (like against russia last year [2]) [1] https://link.springer.com/article/10.1007/s43546-022-00334-y https://link.springer.com/article/10.1007/s43546-022-00334-y [2] https://www.reedsmith.com/en/perspectives/2022/06/eu-sanctionsbthe-russian-crude-oil-and-transport-insurance https://www.reedsmith.com/en/perspectives/2022/06/eu-sanctio...