18/12/2019
Following our update on 13th December, 2019, Members are advised that OFAC has now (as of 18th December, 2019) de-listed Ventspills Freeport Authority, following the Latvian government’s removal of the port from the...
13/12/2019
Ventspils Freeport Authority has been added to OFAC’s SDN list, in conjunction with sanctions imposed on Mr Aivars Lembergs...
13/12/2019
As 1st January, 2020 looms large, with less than a month to go, many operators have started to use low sulphur fuels and, in line with industry predictions, issues are already being experienced in relation to the measurement of sulphur levels. In particular, it appears that purported “low sulphur” bunkers are regularly being found to be above the required 0.50% limit and discrepancies between test results for the same bunkers are being noted.
13/12/2019
Enhanced sanctions have been imposed against IRSL and E-Sail as part of the US’s action against Iranian entities linked to the proliferation of weapons of mass destruction...
30/10/2019
Is it necessary for a guarantor to pay even if the underlying liability is disputed? This was considered recently in Rubicon Vantage International Pte Ltd v KrisEnergy Ltd (The “Rubicon Vantage”) [2019] EWHC 2012 (Comm). Read more...