Sanctions

A “merry” pre-Festive Season Market amid despicable Geopolitics and advancement of a Coronavirus’ “offspring” detected in UK… The BDI (Baltic Dry Index) ended up 24 points since yesterday and now…

Market vibrations; geopolitical mess and Coronavirus advances further. Fresh Dry and Wet ups and downs, vibrations per tonight’s title, rule the Market scene amid perplexed geopolitics within a Coronavirus spreading…

Market’s mild surge amid total uncertainty in geopolitics and Coronavirus, manna from heavens… The BDI (Baltic Dry Index) gained 39 points since yesterday and now reads 1,161. Wets as always…

Invitation for LSLC webinar – Sanctions at a Crossroads? What next for the maritime community? – 11.12.2020 Dear viewers, Please see herebelow details about this webinar.  If you are interested…

The BDI@1,314 amid explosive Geopolitics whilst Coronavirus make waves The BDI (Baltic Dry Index) managed to go over and above the 1,300 points earlier on today, a ray of “hope”…

American Club Circular no. 34/20 – Nord Stream 2 and Turkstream – update on new US sanctions  SEPTEMBER 17, 2020 CIRCULAR NO. 34/20 TO MEMBERS OF THE ASSOCIATION Dear Member:…

American Club Member Alert (September 14, 2020) Re – Sanctions compliance: The Norm in Shipping VLOG SEPTEMBER 14, 2020 SANCTIONS COMPLIANCE: THE NEW NORM IN SHIPPING VLOG Your Managers are…

Volatility knocks yet again with the BDI@1,509; Geopolitics turning sour whilst Coronavirus spreads and re-surge The BDI (Baltic Dry Index) lost nine points since yesterday and now reads 1,509. The…

Improved Dry Markets, explosive Geopolitics whilst Coronavirus still spreads The BDI (Baltic Dry Index) gained 37 points since yesterday and now stands at 1,577. Wets with mixed feelings and the…

U.S. imposes sanctions on Hong Kong Chief Executive Carrie Lam and other government officials At a Glance… On August 7 2020, the U.S. Department of the Treasury’s Office of Foreign…

Sanctions and the maritime industry: Part 1 – Overview of OFAC and OFSI advisory notes In this first in a series of articles on sanctions and the maritime industry, we…

UK publishes sanctions compliance guidance for the maritime industry At a Glance… On 27 July 2020, the UK Office of Financial Sanctions Implementation (OFSI) published its Maritime Guidance providing “financial…

OFSI releases guidance on sanction compliance for maritime industry 2020 has seen the maritime industry move to the front and centre of the increasing focus of sanctions enforcement bodies on…

Stranded Markets “look” for that unique momentum to …remain afloat… The BDI  was up 11 points since yesterday standing at 1,710 but also same was down 100 points since last…

HFW Briefing – English Court of Appeal decision: US secondary sanctions are a “mandatory provision of law” In Lamesa Investments Limited v Cynergy Bank Limited, the English Court of Appeal…

Total Embargo on Turkey against the desecration of Saint Sophia John Faraclas writes and warns: If we really mean as an international community what we say, let us act accordingly…

Geopolitics—are everything in shipping For years when I have addressed “JQ Public”, I have referenced shipping as the “second oldest industry in the world, but first global business”.  As an…

UK goes it alone: The UK’s new human rights sanctions regime July 2020 The UK’s exit from the European Union will allow the UK to pursue its own sanctions policy.…

                        BDI falls further; Geopolitics and Coronavirus still very perplexed… The BDI (Baltic Dry Index) lost 39 points since…

“Greek shipping confirms its commitment to implementing the U.S. order to ban trade and economic transactions with Venezuela and other countries.” On Monday 15/6/2020 and in the wake of the…

IUMI Eye June 2020 Viewers can see below the link to International Union of Marine Insurance (IUMI – www.iumi.com) latest edition of the informative IUMI Eye: IUMI EYE June 2020 A…

American Club Member Alert (June 3, 2020) re US sanctions four shipping firms and their vessels for transporting Venezuelan oil  JUNE 3, 2020   US SANCTIONS FOUR SHIPPING FIRMS AND…

Markets struggle in the Sea of Uncertainty amid perplexed global chaos The BDI (Baltic Dry Index) surpassed the 500 points threshold and now stands at 504, which is also two…

American Club circular no.23/20 – Economic Sanctions – Compliance Guidance MAY 28, 2020   CIRCULAR NO. 23/20   TO MEMBERS OF THE ASSOCIATION   Dear Member:   ECONOMIC SANCTIONS –…

Last Call For Tomorrow’s Webinar On The New U.S. Sanctions Advisory On Shipping A Must See For Shipowners, Lenders and Charterers 5/22/2020 at 10am (EST)   A Must-See for Shipowners, Lenders…