Philippine Shipping Update - (Issue 2012/05)

On 17 March 2022 the UK Government published a General Trade Licence in part to clarify earlier amendments to the UK Russia (Sanctions) (EU Exit) Regulations (the “Regulation”). Specifically, the licence addresses the issue as to whether it is lawful under the Regulation for insurers and reinsurers domiciled or operating from the United Kingdom to provide insurance for vessels calling at Russian ports or transiting Russian territorial waters.

Join us as we discuss specialist cover for wind farm installations and support vessels, and the risks involved in carrying out these operations, Wednesday, May 11th 8:30am California (PDT) | 11:30am New Jersey (EDT) | 16:30 London (BST)

The Club would like to draw Members’ attention to the update below from the Club’s Correspondents in Australia.

The UK has implemented a number of sanctions in response to Russia’s invasion of Ukraine.