Ukraine/Russia - Sanctions Information
News Alerts and Information on Sanctions Legislation for Ukraine / Russia
- P&I Circular: Updated Price Cap Coalition Advisory for the Maritime Oil Industry & Related Sectors - P&I Circular 5.653 18 November 2024
- P&I Circular: EU adopts 14th sanctions package against Russia - P&I Circular 5.650 11 July 2024
- P&I Alert: Carriage of Russian Origin Oil and/or Petroleum Products and Compliance - 18 March 2024
- P&I Circular: Russian sanctions update - P&I Circular 5.642 2 February 2024
- P&I Circular: EU adopts 11th package of sanctions against Russia - P&I Circular 5.629 4 July 2023
- P&I Circular: Russian Oil Price Cap update: Reporting requirements and Evasion alert - P&I Circular 5.627 5 May 2023
- P&I Circular: US impose further sanctions against Russia - P&I Circular 5.626 3 March 2023
- P&I Circular: EU adopts 10th package of sanctions against Russia - P&I Circular 5.625 3 March 2023
- P&I Circular: The Russian Oil Price Cap – Updated to include Petroleum Price Cap - P&I Circular 5.624 23 February 2023
- P&I Circular: The Price Cap on Russian Oil - P&I Circular 5.617 9 December 2022
- P&I Circular: EU sanctions – updated FAQs published by the EU on the carriage of certain Russian cargoes including coal and fertilisers - P&I Circular 5.615 4 November 2022
- P&I Circular: EU Sanctions – EU adopts Eighth Package of Sanctions against Russia - P&I Circular 5.613 12 October 2022
- P&I Circular: EU Sanctions - Clarification published on the carriage of certain Russian cargoes including coal and fertilisers - P&I Circular 5.611 21 September 2022
- P&I Circular: EU Sanctions – Clarification published on the carriage of certain Russian cargoes including coal and fertilisers - P&I Circular 5.610 15 August 2022
- P&I Circular: Sanctions - The European Union's 6th Sanctions Package - EU Regulation 833/2014 - P&I Circular 5.608 1st August 2022
- News Alert: Ukraine - EU and UK Sanctions – Update & Fifth and Sixth Packages - News Alert 10 May 2022
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News Alert: Ukraine - Swedish Dockworkers Blockade & EU Sanctions - Update of 18 March - News Alert 18 March 2022
- News Alert: Ukraine - Sanctions against Belarus and Russia - Update of 11 March - News Alert 11 March 2022
- News Alert: EU Sanctions - Russia – Measures Potentially Affecting Shipping and Insurance - News Alert 4 March 2022
- News Alert: EU Sanctions – 7 Russian banks banned from SWIFT from 12 March - News Alert 4 March 2022
- News Alert: Ukraine/Russia – Ukraine – UK Sanctions relating to Russia and Local update of 3 March - News Alert 3 March 2022
- News Alert: Ukraine/Russia – Sanctions Update of 2 March- News Alert 2 March 2022
- News Alert: Ukraine – Port Update - News Alert 25 February 2022
- News Alert: Ukraine – Local and Sanctions Update of 24 February - News Alert 24 February 2022
- News Alert: Ventspils Port removed from SDN list - News Alert 20 December 2019
- News Alert: Ventspils and Latvian SDNs - News Alert 13 December 2019
- News Alert: En+, Rusal and JSC EuroSibEnergo delisted - News Alert 28 January 2019
- News Alert: Winding down period extended to 21 January 2019 - News Alert 13 December 2018
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News Alert: OFAC have further extended the winding down time to 7 January 2019 for contracts with Rusal and others - News Alert 23 November 2018
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News Alert: OFAC have added a number of Russian individuals and entities to the SDN list, including aluminium producer/shipper Rusal, but have granted a General Licence allowing US perons until 23 October 2018 to wind down contracts with Rusal - News Alert 26 April 2018
- EU Legislation: On 28 June 2017, the Council prolonged the restrictive measures over actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine for a further six months, until 31 January 2018. For the press release on the topic and links to the EU overview of measures, click here.
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US Guidance: To access an overview of OFAC's regulations with regard to Ukraine/Russia-related sanctions, including links to FAQs, other guidance and licencing information, please click here.
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News Alert: Kerch Commercial Sea Port, which exerts control over the Strait of Kerch and the Kerch Canal, is a sanctioned entity under the US and EU Sanctions legislation - News Alert 17 November 2015
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P&I Circular: Crimea and Sevastopol – EU Council Regulation No 825/2014 of 30 July 2014 – Restrictions on the import into the Union of goods originating in Crimea or Sevastopol, in response to the illegal annexation of Crimea and Sevastopol - P&I Circular 5.499 12 August 2014
- EU Legislation: On 31 July 2014, the EU imposed sanctions on Russia via Council Decision 2014/512/CFSP and EU Council Regulation no. 833/2014 concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine. This includes restrictions on energy-related goods, technologies and associated services - see EU Regulation no. 833/2014 (as amended to October 2015) and click here to access a copy of the European Commission's guidance note of 25 August 2017 on the implementation of certain provisions of EU Regulation No 833/2014.
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P&I Circular: Crimea and Sevastopol – EU Council Regulation No 692/2014 of 23 June 2014 – Restrictions on the import into the Union of goods originating in Crimea or Sevastopol - P&I Circular 5.496 16 July 2014
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News Alert: information on the Ukrainian government Directive concerning closure of all ports in the territory of Crimea on the basis that the area is temporarily occupied - News Alert 16 July 2014
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News Alert: information on the introduction of sanctions by the EU against the import into the EU of goods originating from Crimea or Sevastopol with links to EU Council Decision 2014/386/CFSP and EU Council Regulation 692/2014 dated 23 June 2014 - News Alert 8 July 2014
- US Legislation: On 20 June 2014, the Office of Foreign Assets Control announced that it was adding seven individuals in Ukraine to it's “Specially Designated Nationals” List - click here for further details.
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EU Legislation: EU Council Decision 2014/265/CFSP and EU Council Regulation 476/2014 of 12 May 2014 concerning restrictive measures in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine, inclulding details of individuals and entities added to the list of asset freeze targets. A copy of the consolidated legislation EU Council Regulation 269/2014 of 17 March 2014 concerning restrictive measures in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine can be accessed here
- News Alert: information on the introduction of sanctions by the EU and USA - News Alert 7 March 2014
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EU Legislation: EU Council Decision 2014/119/CFSP of 5 March 2014 concerning restrictive measures directed against certain persons, entities and bodies in view of the situation in Ukraine and EU Council Regulation 208/2014 (as amended up to June 2015) of 5 March 2014 concerning restrictive measures directed against certain persons, entities and bodies in view of the situation in Ukraine Regulation
- US Legislation: The Office of Foreign Assets Control in the US Treasury Department issued the Ukraine-related Sanctions Regulations, 31 C.F.R. Part 589 (“URSR”) on 8 May 2014 to implement three Executive Orders (EO) of March 2014. The legislation imposes asset freezes and visa bans against a broad range of individuals and entities, including certain Russian government officials and those operating in energy, metals, mining and engineering sectors of the Russian economy. Links to the three EOs are below:
EO 13660 - Blocking Property of Certain Persons Contributing to the Situation in Ukraine (6 March 2014)
EO 13661 - Blocking Property of Additional Persons Contributing to the Situation in Ukraine (17 March 2014)
EO 13662 - Blocking Property of Additional Persons Contributing to the Situation in Ukraine (20 March 2014)