Sanctions News 19 Dec, 2014

Syrian Sanctions - Jet Fuel

On 12 December 2014 the EU issued Regulation 1323/2014, prohibiting the sale, supply, transfer or export of jet fuel and fuel additives to any Syrian entity or for use in Syria and the insurance and re-insurance of those activities. There are very limited exceptions.

Members should note that these new sanctions and that the Club will be unable to provide cover in respect of any such shipments.

A copy of the Regulation can be found here.