VRP Contract: Resolve Salvage & Fire documents reference Circular 14/13

The Club’s correspondent in China, Huatai Marine, provide in their latest Circular No: PNI [2022] 05 details of this summer’s fishing ban along China’s coastal areas.

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. The applicable UK legislation is The Russia (Sanctions) (EU Exit) Regulations 2019, which has been amended by eight additional regulations (the “Amendments”).

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.