On 15 March 2022 the EU adopted a fourth package of sanctions in response to Russia’s military aggression against Ukraine.

The European Union announced a significant expansion of sanctions against Russia in light the deteriorating situation in Ukraine on 25 February 2022.

The Club has received a number of enquiries from Members regarding repatriation of Ukrainian seafarers in view of the current situation in Ukraine.

We are constantly monitoring the current situation and with the help of the Club’s local correspondents we are providing updates on the current operational status of ports.

The shocking events that are unfolding daily in Ukraine are truly dreadful, and the consequences of sanctions and restrictions will have numerous implications across the globe.

The EU, in consultation with the UK, US and Canada have requested SWIFT, the financial messaging system, to disconnect certain Russian banks from using its system, in response to Russia’s unprovoked military aggression against Ukraine.

At their meeting on 7th February 2022, the Directors reviewed the basis on which special war risks P&I cover could be made available to Members in accordance with the proviso to Rule 5E.