The Law of Ukraine on Sanctions No. 1644-VII has been in force in Ukraine since 2014 and provides for a non-exhaustive list of 24 possible sanction types.
Recognising the rise in extreme events in recent years, BIMCO has issued a model clause with the aim of addressing unexpected or ‘force majeure’ events that affect the performance of the parties under a contract.
Updated 24th January, 2022 - In a further easing of the export ban, on 20th January, 2022 the Indonesian government published a list of 139 companies that had fulfilled their DMO for 2021 by 100% or more and were permitted to resume exportation. Reports suggest that 75 ships were allowed to load coal from these companies.