16 May 2016
Syria Sanctions (5.531)
This circular gives members an overview of the main EU and United States sanctions affecting trade to and from Syria, with a focus on shipping and marine insurance activities. It also highlights recent designations and the need for careful due diligence before fixing voyages or handling cargoes linked to Syria.
London P&I reminds members that sanctions risk remains active across Syrian trade, including restrictions on cargoes, insurance, payments and dealings with designated persons and entities.