In this episode of Future Thinking, Mike Salthouse is joined by Olga Dimitrescu, Head of Engagement, Oil Price Cap, at the UK Office of Financial Sanctions Implementation, HM Treasury. 

They discuss the objectives of the Oil Price Cap, its achievements so far and implications for the shipping industry. 

They also talk about changes to the attestation process planned to take effect on February 19th 2024.

Highlights:

01:12 Understanding the Oil Price Cap

02:17 Impact and Success of the Oil Price Cap

04:08 Future Changes and Compliance

05:06 New Attestation Process Explained

10:18 Addressing the Parallel Fleet

14:29 Compliance Advisory and Final Thoughts