24 maritime news articles about Iran sanctions
Home Publications Articles Further US sanctions targeting Iranian oil/petroleum activities Further US sanctions targeting Iranian oil/petroleum activities US Cracks Down on Iran Oil Network Involving UAE, India, and China Entities Publications Sacha Patel Published: April 16, 2025 Contact author Download article pdf On
Home Publications Articles Further US Designations Targeting Iranian oil Further US Designations Targeting Iranian oil US Sanctions Chinese Refinery, CEO, and Vessels in Crackdown on Iranian Oil Shipments Publications Sacha Patel Published: April 16, 2025 Contact author Download article pdf On 20 March 2025, in continu
On the 23rd June, the US Government issued a Joint Statement on Iran Sanctions which added the main provider of Iranian port services, Tidewater Middle East ...
Background On 23 January 2012, The European Union Foreign Affairs Council agreed to introduce further measures impacting on trade that would or could support...
Questions Related to the Issuance of the Executive Order "Authorizing the lmplementation of Certain Sanctions Set Forth in the lran Freedom and Counter-Proli...
The International Group's Sanctions Working group has developed an initial series of FAQs in relation to the recently announced EU additional measures agains...
As reported in Circular 16/18 when U.S. secondary sanctions were re-imposed against the purchase and carriage of Iranian crude oil, petroleum products, liqui...
Circular issued by International Group clubs Circular issued by International Group clubs Introduction Since 2010, considerable sanctions' activity has been directed at shipping and its supporting industries reflecting the fact that 90% of world trade involves the carriage of goods by sea. The purpose of this Circular
In October 2019, we reported the following; Home / News / Advice / Monthly Web News: October 2019 Advice, Loss Prevention Monthly Web News: October 2019 1 November, 2019 In October 2019, we reported the following; Circulars Hull & Machinery Insurance Terms 2020 16 October – The Hull & Machinery terms 2020
The United States administration continues to escalate sanctions targeting non-US persons involved in the shipping industry.
The one year anniversary of the withdrawal of the US from the JCPOA on 8 May has been marked by a further significant escalation of US Sanctions against Iran, the target on this occasion being the iron, steel, aluminium and copper sectors. More information is available in Insight on Iran sanctions.
On 8 May 2018 President Donald Trump announced his decision to abandon the 2015 Iran nuclear deal - the Joint Comprehensive Plan of Action (the "JCPOA") agreed in July 2014. While some tightening up of sanctions was expected, Trump has gone further than some expected.
Following US withdrawal from the JCPOA, the US will reimpose nuclear-related sanctions on Iran after a wind down period, including secondary sanctions applicable to non-US citizens.
Circular issued by International Group clubs Introduction Members are referred to our Circular published on 24 February 2016 and Up-date published on 10 March 2016 concerning Iran sanctions. This Circular is intended to update members on the latest developments in relation to the interim and longer-term solutions to t
Members will be aware from the International Group Circular published on February 2016 (in particular paragraph 10), that the International Group has been seeking both interim and long term solutions to the continuing application of US primary sanctions to US domiciled reinsurers participating in the Group's reinsuranc
Circular issued by International Group clubs Introduction 1. Members are referred to our Circular published on 19 January 2016 concerning developments with regard to Iran sanctions.
Circular issued by International Group clubs This circular advises members of the current position on their insurance cover arrangements with the regard to the partial lifting of Iran sanctions under the Joint Comprehensive Plan of Action (JCPOA). Lifting of EU and US secondary sanctions "Implementation Day" under the
On 14 July 2015, the E3/EU+3 states (US, Russia, China, UK, France and Germany together with the EU) and Iran agreed a Joint Comprehensive Plan of Action (JCPOA) which is designed to ensure that Iran's nuclear program will be exclusively peaceful. The JCPOA provides Iran with phased sanctions relief after "Implementat
Tanker operators should take note of the recent targeting of ship owners as part of attempts to export crude oil originating from Iran in breach of applicable sanctions by means of ship to ship (STS) transfers at Khor Fakkan in the UAE. Several attempts have been made to export Iranian oil to destinations which do not
Circular issued by International Group clubs Six month suspension of insurance prohibitions 20 January 2014 – 20 July 2014 Following the US/EU announcements (and publication of relevant regulations/guidance) of a six-month suspension of current sanctions measures relating to certain trade with Iran, including sanctions
Circular issued by International Group clubs This Circular addresses the anticipated changes in EU and US sanctions measures relating principally to transportation and insurance of oil, petroleum and petrochemical cargoes from Iran. The anticipated measures will have effect from Monday 20 January 2014 once the Interna
Web-only circular issued by International Group clubs Updated 19 April and 25 May 2012 **************************** New European Union measures against Iran - Council Regulation 267/2012 dated 23 March 2012 - Frequently Asked Questions - issued on 27 March 2012 Background On 23 January 2012 The European Union Foreign A
Web-only circular issued by International Group clubs The International Group of P&I Clubs has issued FAQs on the latest EU Council Decision 2012/35 . General information about sanctions is available on the Skuld website.
Iran - US Sanctions against shipment of refined petroleum products to Iran - “CISAD” Entry into force As anticipated in our Circular of 17 February 2010, legislation has been introduced in the Unitied States which creates a risk of sanctions being imposed on any party involved in selling, financing or shipping ref