26 January 2024
Quint-Seal Compliance Note: Know Your Cargo (5.641)
London P&I highlights new US guidance on sanctions and export control evasion in the maritime sector, with a focus on cargo verification, due diligence and warning signs of suspicious activity.
The circular reminds members that cover is not available for trades that breach applicable sanctions and points to the need for careful checks on parties, cargoes, vessels and routes, especially in higher-risk jurisdictions.