United States Charts New Course on Cuba
30/01/2015
In mid December 2014, US President Obama announced changes in the embargo in place against Cuba since 1963. The goals of the changes are to improve human rights conditions and democratic reforms in Cuba as well as fostering improved conditions for the Cuban people. Issues of mutual concern such as migration, counter narcotic, environmental protection and human trafficking will be discussed.
EPA publishes new ECA penalty policy
19/01/2015
Members will be aware from the Club's legal briefing on stricter air pollution regulations and subsequent updates that from 1st January 2015 vessels trading in designated areas would have to use fuel on-board with a sulphur content of no more than 0.10%.
Explore US pollution risks with summaries of federal and state regulations, liability, COFR requirements, and vessel contingency plans
Get the latest update on ballast water management regulations in California
Iran Sanctions Relief Period extended
21/07/2014
Confirmation received from the US government and the EU Council that the existing relief program, which ran from 20 January to 20 July, suspending certain Iran sanctions measures, is being extended for 4 months to 24 November 2014.
The USCG's Ballast Water Discharge Standard Regulation which came into effect on 21st June 2012, required vessels to install Coast Guard "type-approved" ballast water management systems pursuant to the implementation schedule below. According to the schedule, a vessel with a ballast water capacity of between 1500 - 5000 m3 must implement an approved ballast water management method by her first scheduled drydocking after 1st January 2014.
Iran Sanctions: US sanctions Iran
14/06/2013
FREQUENTLY ASKED QUESTIONS ("FAQs") REGARDING ENFORCEMENT AGAINST FOREIGN PERSONS OF U.S
The United States Coast Guard has recently posted two useful updates to its resource page on ballast water management. Its extensive list of frequently asked questions (FAQ) on the subject clarifies topics ranging from the definition and applicability of ballast water standards through to type approval of ballast water management systems. These FAQs were augmented and updated on the 5th April.
International Group FAQs - US sanctions Iran
18/03/2013
The attached FAQs from the International Group provide a comprehensive summary of the relevant legislation and key provisions that impact on trade activities and financial transactions with Iran
US Treasury Dept issues final rule amending Iranian Transactions & Sanctions Regulations to implement Iran Threat Reduction Act sections
US Sanctions Update - U.S. Bans Foreign Subsidiaries of U.S. Companies from Doing Business with Iran
13/12/2012
On October 9, 2012, the U.S
New Executive Order on Iran
01/08/2012
Stay informed on the new Executive Order on Iran signed by President Obama on August 1, 2012
New Iran Sanctions Legislation Bill
01/08/2012
The House and Senate conferees have come to an agreement regarding new Iran sanctions legislation
Iran Sanctions: US sanctions on Iran & Syria - US Executive Order of 1 May 2012- Update 25 May 2012
03/05/2012
An executive order by the President of the United States was issued on the 1st May extending further the impact of US sanctions against Iran and Syria
Developments in international sanctions
08/09/2011
Both the EU and the United States have announced extension of their sanctions against the Syrian Arab Republic to prohibit the trade, transport or financing of crude oil or petroleum products. Under Rule 5V (Sanctions risks) the Club excludes cover where the provision of cover may expose the Club to a sanction or other adverse action from a competent government.
New U.S. Sanctions against Syria
25/08/2011
On the 18th August 2011, the US Government issued an Executive Order that blocks property of the Syrian government, including all entities controlled by the Syrian government.
Advice from Chalos & Co of New York regarding the US President's Executive Order relating to sanctions against Libya