U.S. Issues Strong Warning Against Petroleum Trade with Syria
Members’ attention is drawn to an Advisory to the Maritime Petroleum Shipping Community issued by the U.S. Department of the Treasury’s Office of Foreign Asset Control (“OFAC”) on November 20, 2018 setting forth a strong warning against transporting petroleum to the Syrian Government. This Advisory has been received from U.S. Lawyers, Freehill, Hogan and Mahar.
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FHM Client Alert - US Sanctions Syria Nov 18 (591 KB)
The U.S. Department of Treasury’s Office of Foreign Assets Control (OFAC) has continued to focus on international shipping as a means to implement the Iranian sanctions program and has now turned its attention to the bunkering of vessels engaged in Iranian trade or involving Iranian vessels.
The Club would like to draws Members’ attention to the recent Advisoryissued by the Panama Canal Authority (ACP) providing modifications and clarifications regarding the establishment of guarantees for transit reservation and transit itinerary creation fees. (3/20/20)
We would like to draw Members’ attention to the attached Client Advisory #01-19 from Gallagher Marine Systems (GMS) advising that the National Pollution Fund Center (NPFC) is closed and will remain closed until the current U.S Government shutdown is resolved, and/or the USCG is allocated funding to fulfil its various missions.
