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Article

Pitfalls in Relying on Bills of Lading13 November 2023

The article examines the robustness of bills of lading as security in the hands of a bank and the circumstances that may preclude the bank from recovering its losses or claiming against the carrier. It also considers the implications of using electronic bills of lading.

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Article

US Sanctions on Venezuela Substantially Eased1 November 2023

On October 18, 2023, the US Office of Foreign Assets Control (OFAC) issued General License 44 broadly permitting US and non-US persons to deal with Venezuelan crude and gas. Under the license, US and non-US persons generally can transport Venezuelan crude and gas until April 18, 2024.

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