Search for ships currently entered in the London P&I Club by their name or I M O number Search Search for correspondents in our global network by country/area or port/city Search Iran Sanctions – International Group Update in relation to the Geneva Joint Plan of Action 21 January 2014 Members will already be aware, from the Club’s previous News Alert dated 29 November 2013 (click  here ), of the Geneva Joint Plan of Action (JPoA) reached between the P5+1 nations and Iran to provide an easing of some sanctions in exchange for significant concessions by Iran in relation to its nuclear enrichment program. The International Group of P&I Clubs has now issued an update (“the IG Update”) clarifying the position on the JPoA as at 17 January 2014 – click  here for the full text of the IG Update.   The key points for Members to note are that the proposed measures temporarily lift sanctions from only a very limited number of trades with Iran, essentially:-     the carriage of petrochemical products from Iran; the carriage of crude oil from Iran to US waiver countries outside the EU, currently China, India, South Korea, Taiwan and Turkey; the carriage of goods to Iran for use in Iran's automotive industry.   As per the IG Update, the temporary measures should be effective for a period of six months from 20 January 2014 until 20 July 2014. However, since there can be no guarantee that the time period will be extended, Members are advised to ensure that any relevant contract(s) will be fully executed by 20 July 2014 at the latest. It should be noted that the above proposed temporary measures will not provide relief from the current prohibitions on transactions with Iranian designated entities and persons even if transactions fall into one of the three listed categories above. In addition, Members should bear in mind that whilst the sanctions in respect of the above trades may be lifted temporarily, there are still notifica