New U.S. Sanctions against Syria


  • Date: 25/08/2011
  • Source: Melvin Schwechter of Dewey & LeBoeuf LLP

On the 18th August 2011, the US Government issued an Executive Order that blocks property of the Syrian government, including all entities controlled by the Syrian government.  The Executive Order prohibits exportation, sale or supply of services from the United States to Syria. Imports into the United States of Syrian-origin petroleum and petroleum products are also prohibited. Under the Executive Order U.S persons* are forbidden to:

  • undertake new investment in Syria;
  • export, re-export, sell or supply services to Syria from any location;
  • engage in dealings in or related to Syrian-origin petroleum or petroleum products; or
  • approve, finance, facilitate or guarantee any transaction by a foreign person if U.S. persons are prohibited to participate in such a transaction. 

In addition, the U.S. Government has blocked property of the following Syrian petroleum companies :

  • General Petroleum Corporation: The state-owned company that controls Syria’s oil and gas industry and is responsible for the exploration, development and investment of Syria’s oil and gas exploration activities.
  • Syrian Petroleum Company: An entity that is responsible for upstream oil production and development in Syria.
  • Syrian Company for Oil Transport:  An entity that manages Syria’s domestic pipeline system and is responsible for transporting all Syrian crude and petroleum products. Syrian Company for Oil Transport manages Syria’s three major oil export/import terminals: Baniyas, Tartous and Latakia.
  • Syrian Gas Company:  An entity that is responsible for processing, transporting and marketing Syria’s natural gas.
  • SYTROL: Syria’s state oil marketing firm, which is responsible for selling Syrian crude to foreign buyers.

These entities join previously blocked Syrian individuals and entities on the Treasury Department's Office of Foreign Assets Control List of Specially Designated Nationals.

*The measures define "U.S. person" to include any citizen or resident of the United States, any entity organized under U.S. law, and any individual or entity in the United States.

The UK Club is grateful to Mr Melvin Schwechter of Dewey & LeBoeuf LLP for providing the information on Syrian sanctions. If Members would like more information they can contact Mr Schwechter via email or their usual Club contact.

Industry developments

Polar Shipping

Legal, navigational and environmental resources, news and updates on the development of polar shipping. Read more


US VRP Compliance

With effect from 30th January 2014 non-tank as well as tankships calling at US ports will be required to submit VRPs.  For Club and other resources to assist in compliance click here


International Environmental compliance

Environmental Compliance resource page collates material in respect of International environmental compliance issues affecting our Members. Information from the Club, Loss Prevention and external resources has been collated in one place for ease of reference.


MLC 2006

The Maritime Labour Convention enters into force in August 2013 - resources, news & advice on implementation can be found in this dedicated section.  READ MORE


International sanctions

Recent guidance & corresponding material in respect of international sanctions against various countries has been updated with respect to temporary easing of sanctions against Iran.  READ MORE


Piracy

Essential precautions and preparation against piracy, as well as additional information and resources, loss prevention advisories and useful external web links


Emergency Contacts


If you need to call our offices out of hours and at weekends, click After Office hours for a up to date list of the names of the Duty Executives and their mobile phone numbers. 

Ship Finder


This Ship Finder is updated on a daily basis. Members who need to advise the Club of updates to their recorded ships' details should advise their usual underwriting contact.