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U.S. imposes sanctions on Hong Kong Chief Executive Carrie Lam and other government officials

U.S. imposes sanctions on Hong Kong Chief Executive Carrie Lam and other government officials

At a Glance…

On August 7 2020, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) imposed sanctions on 11 Hong Kong and Chinese governmental officials, including Carrie Lam, the Chief Executive of Hong Kong. These individuals were added to OFAC’s Specially Designated Nationals and Blocked Persons List (SDN List) for “undermining Hong Kong’s autonomy and restricting the freedom...

https://www.allaboutshipping.co.uk/2020/08/12/u-s-imposes-sanctions-on-hong-kong-chief-executive-carrie-lam-and-other-government-officials/

The CMA CGM LIBRA – leave to appeal to UK Supreme Court granted

The CMA CGM LIBRA – leave to appeal to UK Supreme Court granted

At a Glance…

On 30 July 2020, the UK Supreme Court granted Owners of the CMA CGM Libra leave to appeal to the UK Supreme Court from the decision of the Court of Appeal in The CMA CGM LIBRA (“Alize 1954 and another (Appellants) v Allianz Elementar Versicherungs AG and others (Respondents)” ).

Authors:  Richard Gunn, Konstantinos Bachxevanis

This was in response to the Appeal Application filed on behalf of the Owners of the CMA CGM LIBRA...

https://www.allaboutshipping.co.uk/2020/07/31/the-cma-cgm-libra-leave-to-appeal-to-uk-supreme-court-granted/

UK publishes sanctions compliance guidance for the maritime industry

UK publishes sanctions compliance guidance for the maritime industry

At a Glance…

On 27 July 2020, the UK Office of Financial Sanctions Implementation (OFSI) published its Maritime Guidance providing “financial sanctions guidance for entities and individuals operating within the maritime shipping sector”. The 12-page document is key reading for those in the maritime industry, conducting business in or connected to the UK.

The Maritime Guidance comes hot on the heels of the Global Human Rights...

https://www.allaboutshipping.co.uk/2020/07/30/uk-publishes-sanctions-compliance-guidance-for-the-maritime-industry/

CMA CGM LIBRA – Live streaming of Court of Appeal hearing

CMA CGM LIBRA – Live streaming of Court of Appeal hearing

At a Glance…
On 8 March 2019 Justice Teare handed down judgment in the case of the CMA CGM LIBRA (Alize 1954 & another v. Allianz Elementar Versicherungs AG & others) which, in 2011, grounded on an uncharted shoal in the approaches to Xiamen in China, giving rise to salvage and claims for general average contribution. Numerous allegations of unseaworthiness were raised, all but one of which were either abandoned before trial or found in...

http://www.allaboutshipping.co.uk/2020/02/17/cma-cgm-libra-live-streaming-of-court-of-appeal-hearing/

The United States issues updated guidance regarding North Korea’s illicit shipping practices

The United States issues updated guidance regarding North Korea’s illicit shipping practices

At a Glance…
On Thursday March 21 2019, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) updated the advisory document it published on February 23 regarding North Korea’s illicit shipping practices. The updated guidance provides further information about North Korea’s deceptive shipping practices aimed at evading international sanctions and provides a list of ‘red flags’...

http://www.allaboutshipping.co.uk/2019/03/28/the-united-states-issues-updated-guidance-regarding-north-koreas-illicit-shipping-practices/

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