The EU's formal Regulation implementing the enhanced sanctions against Iran proposed in January this year has now been issued.
The position of shipowners in respect of the ban on transport of Iranian crude, petroleum products and petro-chemical products is largely unchanged from the EU Decision of 23 January. However, the position of insurers and reinsurers has been relaxed somewhat in response to strong lobbying from the International Group of P&I Clubs (IG) over the past two months.
The new Regulation - No. 267/2012 of 23 March 2012 - has immediate effect and is binding on individuals and companies located within the EU, and worldwide on individuals of EU nationality and companies incorporated or registered in EU.
giving guidance on compliance with sanctions has also now been published.
Members are advised to ensure they have read the advice contained in the linked pages and to consult with their lawyers if uncertain as to whether they may lawfully perform an intended voyage or trade.
Any detailed enquiries regarding these sanctions and the operation of the Club or the cover it provides, please contact Nigel Carden (Tel: +44 20 7204 2147; Email:
The UK P&I Club recently held a Webinar on the subject of Mooring operations and safety; the Webinar received overwhelming response with about 2350 registrations from 78 countries.
In collaboration with I.M.E.Q., Sophia Bullard, Crew Health Director at UK P&I Club, discusses the issue of grief and its impact on crew, exploring the stages, signs and symptoms of grief, as well as coping mechanisms.
The preparation of cargo holds for the next intended carriage is a critical operation which requires careful planning and execution; this article considers a number of legal issues which may arise, including terms commonly used in charterparties to describe the cleanliness of cargo holds, the consequences of failing to comply with such terms, potentially resulting in off-hire claims and damages, and the role of the independent surveyor.
