As Members are already aware from our News Alert of 13 December 2019, the US Department of Treasury’s Office of Foreign Assets Control (OFAC)
20 December 2019
18 December 2019
13 December 2019
US law firm Freehill Hogan & Mahar (“Freehills”) advise that due to alleged serious human rights abuses and corruption, Aivars Lembergs, mayor of Ventspils, has been made a SDN by the US Department of Treasury’s Office of Foreign Assets Control (OFAC) under Executive Order 13818. OFAC has also designated as SDNs four Latvia-based entities that are owned or controlled by him.
9 December 2019
We are delighted to announce two important promotions involving our team in Asia. From 20 February 2020, Frank He and Deborah Yu will be appointed respectively General Manager and Deputy General Manager of our Hong Kong office.
26 November 2019
Members calling at Lanshan Port in Shandong Province will already be aware from previous News Alerts and circulars of the need for Masters to navigate carefully to avoid fish farms. The Correspondent, Huatai Insurance Agency and Consultant Service Limited, have issued an updated circular
7 November 2019
Members whose ships call at ports in India or pass through Indian territorial waters should note that the Ministry of Shipping in India has imposed a ban on the use and disposal of single-use plastics. The ban is already enforceable for certain types of single-use plastics (eg. cutlery, plates, cups, water and drinks bottles, bags, cleaning fluid containers of less than 10 litres) and will come in full effect for a wider range of items from 1 January 2020.
29 October 2019
Members should note that the ban has been brought forward with immediate effect
13 September 2019
Members will be already be aware of the recent Club Circular concerning the Guidance on the United States Sanctions Compliance Programmes published by the US Department of the Treasury’s Office of Foreign Assets Control (OFAC).
6 September 2019
Members will be sad to learn of the tragic likely loss of 25 crew members aboard the Indonesian Flagged 52,400 dwt bulk carrier “Nur Allya”, which was reported missing on 20 August in Indonesian waters loaded with Nickel Ore.
12 August 2019
Members should take note of the latest US sanctions against Venezuela set out in Executive Order 13884 (issued on 5 August 2019) as well as amendments to the existing 12 General Licenses and a further 13 General Licenses issued on 6 August.