In May 2020, OFAC, the US State Department and US Coast Guard issued a joint Sanctions Advisory for the Maritime Industry.
On October 14, 2019, President Trump issued an Executive Order imposing sanctions on certain Turkish governmental officials and ministries in response to Turkey’s military offensive in Syria.
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?