Last week saw significant developments in the U.S. sanctions programs targeting Venezuela and Iran.

The UK Club have received the attached circular from correspondents GLOBALPANDI, regarding traffic restrictions in Venezuelan ports.

Venezuelan Sanctions – Designations against PdVSA

The UK Club have received the following update from local correspondents Globalpandi, regarding Venezuela's monetary reconversion and what it means for Members.

The UK Club have received the following update from Matheus & Ulloa, regarding piracy in Venezuela.

Foreign shipowners trading with Venezuela should exercise caution to be certain that any remittances made through the U.S.

The UK P&I Club have received the following update from correspondents Pandi Ocean, regarding the newly created digital currency 'Petro' by the Venezuelan government.

The UK P&I Club have received the following update on the illegal transportation of oil in tankers in Venezuela from lawyers, Matheus & Ulloa.

The UK P&I Club have received the following circular from Globalpandi, regarding a maritime and air traffic ban to Aruba, Bonaire and Curacao from Venezuela.

In July and August of 2017 the U.S issued another Executive Order expanding on the sanctions against Venezuela.

The UK P&I Club have received the following circular from correspondents Venepandi, regarding six oil product tankers that are currently docked at the Paraguana Refining Center (CRP).

US Department of Treasury imposed sanctions yesterday against Venezuela's Vice President Tarek El Aissami and his primary frontman in the US. His assets in the US were seized (bank accounts, corporations, real property), and US nationals and entities prohibited to trade with them.

The Club has been informed of a number of National Governments advising their citizens about unrest in Venezuela.