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Russian Sanctions - Vessel Designations & OFAC Guidance Issued

A new client alert bulletin has been issued by Freehills relating to the OFAC designation of two oil tankers and their respective registered owners for transporting Russian-origin crude oil sold above the G78 Coalition price cap of US$60.

Quentin Drew
Quentin Drew
Claims Director (Hong Kong)

Latest news

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    Event round-up

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  • News 03 Nov, 2023
    West visit Anglo-Eastern Ship Management

    The Club was delighted to support our Member Anglo-Eastern Ship Management recently with the provision of training on P&I Clubs at their dedicated Maritime Training Centre in Mumbai.

  • Loss Prevention 25 Oct, 2023
    Neptune - Bunker Info tab updates

    Overview of European off-specs. Over the last six months, HFO delivered in European ports frequently deviated from specification on viscosity and density.

    Dmitry Kisil
    Dmitry Kisil
    Senior Loss Prevention Officer

Sanctions news

  • News 20 Oct, 2023
    Russian Sanctions - Vessel Designations & OFAC Guidance Issued

    A new client alert bulletin has been issued by Freehills relating to the OFAC designation of two oil tankers and their respective registered owners for transporting Russian-origin crude oil sold above the G78 Coalition price cap of US$60.

    Quentin Drew
    Quentin Drew
    Claims Director (Hong Kong)
  • News 20 Oct, 2023
    Partial Suspension of US Venezuela Sanctions

    On 18 October 2023 OFAC issued four general licences representing a significant shift in the US government’s attitude toward its Venezuelan sanctions programme.

    Quentin Drew
    Quentin Drew
    Claims Director (Hong Kong)
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