Sanctions Policy
ARKB Shipping LLC is committed to conducting its business in full compliance with applicable laws, regulations, and international compliance standards. The company operates in accordance with the legal and regulatory framework of the United Arab Emirates, the jurisdiction in which it is incorporated, and maintains internal policies designed to ensure responsible and transparent commercial practices. In addition, ARKB Shipping LLC observes relevant sanctions guidance and regulatory expectations issued by the U.S. Department of the Treasury, including those administered by the Office of Foreign Assets Control (OFAC).
As part of its compliance framework, ARKB Shipping LLC maintains rigorous Know Your Customer (KYC) and due diligence procedures across all commercial relationships. These procedures include the screening and verification of shipowning partners, brokers, financial counterparties, and recycling facilities prior to entering into any transaction. The company works exclusively with vetted counterparties that meet its compliance standards and conducts ongoing monitoring to ensure adherence to applicable regulatory requirements.
The most transparent cash buying business on the market
We are committed to being one of the most transparent participants in the global cash buying and ship recycling market, with a focus on clarity, accountability, and responsible commercial practice at every stage of a transaction. Through our TRACE framework, we aim to set a higher standard for how vessel acquisitions, deliveries, and recycling outcomes are documented and managed, providing structured visibility across the full lifecycle of end-of-life vessels.
Gender Equality in Ship Recycling
ARKB Shipping LLC believes that a modern and responsible maritime industry must be built on principles of equality, inclusion, and fair opportunity. We recognize that women have historically been underrepresented across many areas of the shipping and ship recycling sectors, particularly in operational roles and decision-making positions. As part of our broader ESG commitments, ARKB Shipping LLC considers the advancement of gender equality to be an important priority and actively supports greater participation of women at all levels of the industry—from leadership and strategic planning to operational and technical roles connected to ship recycling activities. By encouraging inclusive hiring practices, supporting diverse perspectives in decision-making, and working with partners who share these values, we aim to contribute to a more balanced and progressive maritime sector. As our ESG framework continues to evolve, ARKB Shipping LLC intends to promote policies and initiatives that help guide the industry toward greater equality and broader participation across all aspects of maritime operations.
Statement on AI and Robotics
ARKB Shipping LLC recognizes the growing role that artificial intelligence and advanced robotics can play in improving safety, efficiency, and transparency across the ship recycling sector. As technology continues to evolve, we believe that responsible implementation of data analytics, AI-assisted decision making, and robotic support systems can significantly enhance both commercial and operational aspects of the industry—from improved market analysis and transaction risk assessment within cash buying operations to the deployment of robotic tools that assist technicians with hazardous dismantling tasks on recycling yards. By supporting technological innovation that reduces human exposure to high-risk activities while improving operational oversight, ARKB Shipping LLC views AI and robotics as important tools in the ongoing modernization of ship recycling. As part of our broader commitment to responsible industry development, we welcome advancements that enhance worker safety, operational transparency, and environmental performance across the global ship recycling ecosystem.
