Sanctions - The European Union’s 6th Sanctions Package - EU Regulation 833/2014–(the “Regulation”) (5.608)

This circular explains key parts of the European Union's sixth sanctions package against Russia, focusing on restrictions affecting the transport and insurance of oil and petroleum products, together with certain dealings involving Russian state-owned entities.

London P&I sets out the main provisions of EU Regulation 833/2014, including the scope of the measures, the limited exemptions that may apply, and the practical impact on shipping and insurance.