Members are referred back to Circular 01/23 by which the International Group approved TradeGo User Agreement (2022.12.15) (‘the User Agreement’). The User Agreement remains approved for the purposes of Club cover.
On 24 June 2024 the EU Council adopted the 14th package of sanctions against Russia, which includes its first measures targeting Russia’s liquefied natural gas (LNG) sector, further export-related restrictions, sanctioning of vessels and new anti-circumvention measures, such as a requirement for EU companies to undertake best efforts to ensure that non-EU subsidiaries in third countries comply with EU sanctions.
The UK P&I Club's Board of Directors has just concluded a productive set of meetings in New York, culminating in a full Members' Committee meeting on 13 May 2024.
This circular provides an update to the information in Circular 17/23 regarding temporary authorisation of certain transactions involving oil, gas and gold in Venezuela.
