Circular 03/22: General Trade Licence dated 17 March 2022 – Reporting of vessel calls to Russia and transiting Russian territorial waters
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.
UK Sanctions - An Update
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”).
EU impose further sanctions on Russia
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
Russian banks banned from SWIFT
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.
The Club's correspondent in the Ukraine, Dias Marine Consulting p.c, has provided the below update that as of 21:00 on 24 April 2021 till 21:00 on 31-10-2021 Russia will limit transit of foreign military ships and other foreign state-owned ships in three regions of the Black Sea within Russian territorial waters.
Members are referred to the December 2020 (No 19) edition of "P&I Review - Russian Federation", published by the UK P&I Club's Correspondents, OceanClaw Marine Services Limited
UK Club correspondents in South Korea have provided the following two updates regarding strict regulations for vessels arriving at South Korea with crew joining from certain countries.
Our correspondent Antarica Group have provided the following update regarding the risk of Coronavirus spreading in Russian ports.
Imposition of Martial Law in Ukraine
The UK Club have received the following update from Dias Marine, regarding the imposition of martial law in Ukraine effective 28/11/18 09.00am local time.
Client alert: U.S modifies russian sanctions against united company Rusal extending time to wind down contracts
Below is a Client Alert from US Law Firm, Freehill, Hogan & Mahar LLP advising on modifications to sanctions imposed on United Company Rusal PLC."
On August 2, 2017, President Trump signed into law the "Countering America's Adversaries Through Sanctions Act". The Act imposes new and further sanctions on Iran, Russia and North Korea.
The Clubs' Correspondents have issued advice on aspects of quality and conditions the vessel should pay attention to during loading of bulk agricultural products, as well as points to consider while arranging steel surveys in South Russian ports of the Black sea.
Bad stowage alert - wire rod in coils
The attached article from Club correspondents focuses on the problems associated with the stowage of steel wire rods produced by NLMK and shipped from Novorossiysk port.
Development of Taman sea port
Taman sea port is expected to become the second largest port in the Southern region of Russia.
Loading at Kavkaz - Demurrage claims
The number of claims for demurrage arising out of the loading of bulk cargoes at Kavkaz increases proportionally to the growing cargo turnover.
New initiative from grain terminal
For any grain cargoes loaded at ports of Taman, Novorossiysk and Tuapse, the sales contracts and Bills of Lading are ultimately based on the shore scale weighing result.
Russia - Time Bars
In general, Russian law does not contain a definition of time bars, it refers to provisions concerning a period of limitation of actions (hereinafter - the limitation period). Legal meaning of the limitation period is quite different from legal meaning of time bars. Russian Civil legislation stipulates that the limitation period is a period for defence of rights of a person whose rights have been infringed. Unless otherwise provided by law, the running of the limitation period shall commence from the day when the person became or should have become aware on infringement of his right and on proper defendant on the claim. A demand for the protection of an infringed right shall be taken for consideration by the court irrespective of expiration of the limitation period. The limitation period shall be applied by a court only on request of a party of the dispute, made before the rendering of a decision by the court. In absence of that request the dispute shall be considered by the court even in case if the limitation period has been expired.