Archive for the ‘Sanctions’ Category

Ukraine Sanctions

Ukraine Sanctions
Geoffrey Brunton The highly combustible and radically shifting crisis in the Ukraine has resulted in a variety of responses from the International Community, including the imposition of sanctions by the USA and the EU.  Geoffrey Brunton of Waterson Hicks, writes. USA First Executive Order On 6 March...
May 8th, 2014 | Legal, Sanctions | Read More

North Korean vessel finally transits Canal

North Korean vessel finally transits Canal
The m.v “Chong Chon Gang 03 May 2014 – The North Korean vessel “Chong Chon Gang, ” which was detained in Panama in 2013 as it tried to cross the Panama Canal with undeclared Cuban weapons on board, is finally headed back home. (source: Captain Frank Marmol) “It exited the...
May 3rd, 2014 | Arrest of ships, Corruption, Disputes, Health and Safety, HR, Labour Disputes, Manning - Seafarers and Offshore, Maritime Fraud, Military, P and I Clubs, Safety and Security, Sanctions, Seizures | Read More

The US continues to expand the scope of Ukraine-related sanctions

The US continues to expand the scope of Ukraine-related sanctions
Over the past several weeks, President Obama  has issued three separate Executive Orders (13660,  13661 and 13662) in response to the crisis in  Ukraine. Each of these Executive Orders authorizes  the US Treasury Department to designate individuals and entities (“Specially Designated Nationals,...
March 27th, 2014 | European Union, Legal, Organisations, Politics and Government, Sanctions | Read More

The Markets and the World: Who’s afraid of virginia… err volatility woolf…?

The Markets and the World: Who’s afraid of virginia… err volatility woolf…?
John Faraclas Paraphrasing the title but not the theme of the classic film “Who’s afraid of Virginia Woolf”, here is the Allaboutshipping.co.uk’s eleventh overview and recap of the Shipping Markets and the World’s various “situations”  for 2014 with John Faraclas: With the BDI down 22...
March 21st, 2014 | Associations, Conferences, Seminars, Forums, Corruption, HR, Maritime Education and Training, Military, News, Sanctions, Seizures, Strikes, WISTA - Women in Shipping | Read More

The US issues sanctions in response to developments in Ukraine

The US issues sanctions in response to developments in Ukraine
On 6 March President Obama issued an Executive Order (EO) imposing sanctions in connection with the evolving situation in Ukraine. The new sanctions are aimed at maintaining peace, stability and democracy in Ukraine, and authorize imposition of harsh penalties on those who violate the beleaguered country’s...
March 10th, 2014 | Legal, Politics and Government, Sanctions | Read More

Sanctions update: The US issues sanctions in response to developments in Ukraine

Sanctions update: The US issues sanctions in response to developments in Ukraine
On 6 March President Obama issued an Executive Order (EO) imposing sanctions in connection with the evolving situation in Ukraine. The new sanctions are aimed at maintaining peace, stability and democracy in Ukraine, and authorize imposition of harsh penalties on those who violate the beleaguered country’s...
March 7th, 2014 | European Union, Politics and Government, Sanctions, UN | Read More

Sanctions update: The European Union has today published Council Regulation (EU) No 208/2014

Sanctions update: The European Union has today published Council Regulation (EU) No 208/2014
The European Union has today published Council Regulation (EU) No 208/2014 6 March 2014 The European Union has today published Council Regulation (EU) No 208/2014, concerning restrictive measures directed against certain persons, entities and bodies in view...
March 6th, 2014 | European Union, Legal, Sanctions | Read More

European Union announces restrictive measures in response to the ongoing crisis in Ukraine

European Union announces restrictive measures in response to the ongoing crisis in Ukraine
Following on from the Conclusions of the Council of the European Union on 20 February 2014, on Monday, 3 March 2014, the Council of the European Union repeated its intention to adopt restrictive measures against individuals responsible for the misappropriation of State funds and those identified of being...
March 5th, 2014 | Bribery and Corruption, Corruption, Legal, Sanctions | Read More

European Union introducing targeted sanctions against Ukraine

European Union  introducing targeted  sanctions against  Ukraine
The international community has been watching  the events unfolding in Ukraine and particularly Kiev over the last week with increasing concern.  The European Union stated on Thursday that it was “appalled and deeply dismayed by the deteriorating  situation”. On the same day, the French, Polish...
February 21st, 2014 | Legal, Sanctions | Read More

High Time for Stricter Rules for Shipbreaking: Rally addresses Hamburg ship owners

High Time for Stricter Rules for Shipbreaking: Rally addresses Hamburg ship owners
  Protest speech in front of German Shipowners Association with Sabine Wils MEP (GUE/NGL) Hamburg,  7 February 2014 – Today Member of the European Parliament Sabine Wils (GUE/NGL) and the NGO Shipbreaking Platform have protested in front of Hamburg-based ship owners against their substandard...
February 7th, 2014 | Associations, Corporate Social Responsibility, Health and Safety, Labour Disputes, Maritime Accidents, Pollution, Safety and Security, Sanctions, Ship Demolitions, Strikes | Read More

US clarifies position on partial suspension of Iran sanctions – Update

US clarifies position  on partial suspension  of Iran sanctions – Update
Clyde & Co recently attended sanctions briefing sessions addressed by a US State Department official in London and a US Department of Treasury official in Dubai.  At the briefings, the officials emphasised the US’s commitment to implementing its obligations under the joint plan of action (JPOA)...
February 5th, 2014 | Legal, Politics and Government, Sanctions, UN | Read More

The Hellenic Shipyards scandal…

The Hellenic Shipyards scandal…
At the centre left the Hellenic Shipyards docks can be easily seen empty – photo courtesy John Faraclas In all earnest: shouldn’t the judicial European Authorities check the Hellenic Shipyards et al issue…? John Faraclas writes: I have been a strong advocate for over two decades (twenty-two years...
February 4th, 2014 | At the end of the day..., Bribery and Corruption, Civil Unrest, Comment, Corruption, Country Profiles, Defense, Disputes, European Union, Headlines, HR, Labour Disputes, Maritime Fraud, Markets, Military, News, People and Places, Politics and Government, Safety and Security, Sanctions, Seizures, Ship Conversions, Shipbuilding and Shipyards, Shipfinance, Shiprepair, Story of the Month, Technical | Read More

Sanctions against Iran eased

Sanctions against Iran eased
The first stage of the Geneva Joint Plan of Action (JPOA),  agreed by Iran and the P5+1 on 24 November 2013, came  into effect on 20 January 2014 following co-ordinated  action by the EU and US. The first stage is to last 6 months, renewable for a further 6 months by mutual consent, and is intended...
January 25th, 2014 | European Union, Legal, Politics and Government, Sanctions, UN | Read More

Spotlight: EU and US Sanctions against Iran

Spotlight: EU and US Sanctions against Iran
Be aware of Sanctions Peregrine Storrs-Fox Risk Management Director, TT Club Despite significant political, legislative and judicial developments in the two months since Hassan Rouhani was elected President of Iran, the current EU and US sanctions against Iran remain by far the most onerous sanctions....
November 9th, 2013 | European Union, IMO, Military, P and I Clubs, Politics and Government, Sanctions, UN | Read More

Fidel Castro Lauds North Korea as U.N. Inspects Ship’s Weapons Cargo

Fidel Castro Lauds North Korea as U.N. Inspects Ship’s Weapons Cargo
North Korea gave Cuba extensive military support in the 1980s, former President Fidel Castro said on Fidel Castro Wednesday as the United Nations investigated a cargo of hidden Cuban arms discovered last month in the hold of a North Korean ship. Castro, who turned 87 on Tuesday and is rarely...
August 14th, 2013 | Arrest of ships, Defense, Military, Politics and Government, Sanctions, Seizures | Read More

Iran Sanctions

Iran Sanctions
11th July 2013 – Currently, under the Club Rules, there is no right of recovery for any claim if it arises out of or is  consequent upon the insured vessel being engaged in any activity that exposes the Club to any sanctions,  prohibition or restrictions under United Nations resolutions, sanction...
July 11th, 2013 | Maritime Fraud, P and I Clubs, Sanctions | Read More

The shipping markets: Be vigilant on the shipping markets and beyond…

The shipping markets: Be vigilant on the shipping markets and beyond…
John N. Faraclas The following are the main points from the latest John Faraclas live interview to Lilian Margaritis of SBC TV last Friday the 5th f July 2013; please log below, listen and comment: Faraclas briefly explained why the improvement of the BDI by 200 points was short-lived and what is yet...
July 8th, 2013 | Company Profiles, Defense, European Union, Immigration, Manning - Seafarers and Offshore, Marine Insurance, Markets, News, P and I Clubs, Politics and Government, Sanctions | Read More

Massive illegal outflows of oil are hitting Nigeria as abject poverty wracks the masses – how far can shipping and oil companies address the crisis through corporate social responsibility, asks London meeting of Afrimari network

Massive illegal outflows of oil are hitting Nigeria as abject poverty wracks the masses – how far can shipping and oil companies address the  crisis through corporate social responsibility, asks London meeting of Afrimari network
Captain Eddie Agbakoba, Joseph Croft and Jonathan Bearman Massive illegal outflows of oil are hitting Nigeria as abject poverty wracks the masses – how far can shipping and oil companies address the  crisis through corporate social responsibility, asks London meeting of Afrimari network, By James...
March 27th, 2013 | Associations, Bribery and Corruption, Climate, Conferences, Seminars, Forums, Corporate Social Responsibility, Defense, Energy, Environment, Finance, Health and Safety, IMO, Inland Waterways, Jobs, Military, Oil Industry, Oil Platforms and Rigs, Oil Spill, Piracy and Terrorism, Politics and Government, Pollution, Ports & Terminals, Safety and Security, Sanctions, Trade and Commerce, UN | Read More

New Methods of Pirate Attacks in the East and West of Africa

New Methods of Pirate Attacks in the East and West of Africa
Iro J. Theofanides Maritime Community must face up to new methods of pirate attacks in East and West Africa, writes Iro J. Theofanides Horn of Africa (Somalia) Attacks off Somalia have fallen by 65 percent to the lowest level since 2009 according to the International Maritime Bureau. The Bureau recognises...
March 22nd, 2013 | Bribery and Corruption, Health and Safety, HR, Military, News, P and I Clubs, Piracy and Terrorism, Safety and Security, Sanctions, Seizures | Read More

Greece can be the leader, not only in Shipping, but beyond that, if the political cost is set aside…

Greece can be the leader, not only in Shipping, but beyond that, if the political cost is set aside…
John N. Faraclas The following are the main points – in brief –  from the latest John Faraclas live interview to Panos Thomakos on SBC TV last Friday the 8tht of March 2013: 1)Faraclas begun with the International Women’s day. He said that: “… the success in shipping and particularly...
March 13th, 2013 | Bribery and Corruption, Corporate Social Responsibility, Cruise Industry, Dialogs and Debates, European Union, Marine Equipment Products and Services, Maritime Fraud, Mergers and Acquisitions, News, Politics and Government, Ports & Terminals, Safety and Security, Sanctions, Ship Conversions, Ship Demolitions, Shipbuilding and Shipyards, Shipping Centers, Shipping Indices, Shiprepair, Stock Markets, Tourism, Trade and Commerce | Read More

Consumer alert regarding FCV Broker

FCV Broker Wed 20 Feb 2013 – Update: Consumer alert regarding FCV Broker – 10 Fenchurch Avenue, London. 20 Feb 2013 – Lloyd’s has been advised by the Financial Services Authority (FSA) of a firm styling itself as FCV Broker which on its website www.fcvbroker.com offers various “wealth...
February 20th, 2013 | Insurance and Reinsurance, Sanctions | Read More

European Union Measures against Iran – Council Regulation 1263/2012

European Union Measures against Iran – Council Regulation 1263/2012 – Frequently Asked Questions – 29 January 2013 Background 1. On 15 October 2012 the European Union Foreign Affairs Council agreed further measures restricting trade activities with Iran. The Council Decision 2012/635/CFSP...
January 30th, 2013 | P and I Clubs, Sanctions | Read More