The Association has received the following information from our correspondents in Algeria.
From 6th January 2016 all Algerian and foreign banks have been instructed by the Bank of Algeria to formally suspend imports of new vehicles, cement and steel rebars.
The prohibition precedes the import license requirement which will enter into force soon.
If any Members have cargo of the above description currently on its way to Algeria, please let us know.
Source of Information
Neffous Shipping & Consulting (P&I)