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...
https://www.swedishclub.com/news/circulars/eu-adopts-14th-sanctions-package-against-russia/
This Circular provides an update to the information in our previous Circular dated November 2023 regarding temporary authorisation of certain transactions involving oil, gas and gold in Venezuela. Transactions involving oil and gas General License 44, authorising transactions relating to oil and...
At the Board Meeting in Hong Kong on 21 March 2024, the Board of Directors made the following decisions in respect of the open policy years: 2021/2022 To reduce the release call for this year to 0%. 2022/2023 To reduce the release call for this year to 5%. 2023/2024 To keep the release...
Charterer’s Liability and Non-Poolable Insurances The Association refers to Circular 2709-2024 regarding Notice of Cancellation for War Risk cover in the Indian Ocean, Gulf of Aden and Southern Red Sea Area for all non-mutual business including but not limited to Charterer’s Liability Insurance,...
https://www.swedishclub.com/news/circulars/buy-back-of-war-risks-cover-for-the-red-sea-area/