COSCO Tanker and COSCO Shipping Tanker (Dalian) Seaman and Ship Management Co., as well as four other Chinese companies, have been placed on the list of “Specially Designated Nationals and Blocked Persons by the US Office of Foreign Assets Control. This article looks into the effects of these sanctions.
On August 5, 2019, US President Donald Trump continued to escalate US sanctions on Venezuela by imposing direct blocking sanctions on the Government of Venezuela.
The 20th Current Trends in Ship Finance Seminar will take place on 5 September in Hamburg.
Daniel Pilarski discusses the US government’s new sanctions on people-to-people cruises in Cuba and their repercussions.
The English High Court has given helpful guidance on the protection offered by sanction clauses in a marine cargo insurance policy.
On 7 August 2018, both the first wave of re-imposed US secondary sanctions, and the EU Blocking Statute took effect: how can we comply with two incompatible laws at the same time?
How will the regulatory minefield created by US sanctions against Iran and the EU’s retaliatory Blocking Statute will impact on the shipping sector?
The US has imposed new sanctions on the Government of Venezuela, including PdVSA. What is the impact of these sanctions and what should external parties now be aware of?
The US recently enacted new sanctions on Russia, Iran and North Korea. These are likely to have significant consequences on certain sectors of the Russian economy as well as the ability of certain Russian companies to operate outside the country.
A recent Bill passed by the US Senate imposes economic sanctions on Russia. If passed into law, it may affect the country’s industry and the ability of non-Russian entities to do business with it.