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Sanctions Seminar in Singapore
06 Sep, 2019
Our Singapore office ran a very successful seminar on Sanctions - photos of the event can be viewed here.
No.13 2023/24 - US temporarily authorises transactions involving oil, gas and gold in Venezuela
06 Dec, 2023
The US Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) recently issued four general licenses suspending certain sanctions in relation to transactions involving oil, gas, and gold...
Partial Suspension of US Venezuela Sanctions
20 Oct, 2023
On 18 October 2023 OFAC issued four general licences representing a significant shift in the US government’s attitude toward its Venezuelan sanctions programme.
Parched Paraná
19 Oct, 2021
The Parana River is an essential link in the logistical chain of South America, and for many, it’s their only means to drinking water. Following years of below-average rainfall and effects of deforestation...
Iran sanctions - Wind-down period announced for recent measures
17 Jan, 2020
Further to our News Item of 13 January 2020, OFAC have now issued a FAQ related to the new sanctions against Iran which provides for a 90-day period – i.e. until 9 April 2020 - for parties to wind down...
Venezuela - Robbery of Anchored Vessels off Puerto la Cruz
06 Jul, 2011
Club Correspondent Venepandi, Caracas, have advised that anchored vessels are being subject to acts of robbery off Puerto la Cruz.
Vessels have been boarded and robbed when anchored in the vicinity of...
Taiwan - New Pre-Arrival Reporting Requirements for the Changhua Wind Farm Channel
20 Oct, 2021
From the 26 October 2021, all vessels (excluding Taiwanese military vessels, government and fishing vessels registered under the Taiwanese flag) are to declare to Changhua Vessel Traffic Services (Changhua...
Why Wait to Implement Delay insurance?
23 Feb, 2022
If shipping delays like the Ever Given grounding in the Suez Canal can’t be avoided, obtaining suitable cover for loss of earnings is a vital course of action for shipowners.