South Korea joins UN sanctions against Iran
09/12/2011
In accordance with the United Nations Security Council Resolutions, the sanctions/measures by international society in particular, the US and EU, which have raised the level of restrictions in an effort to restrict the Iran's suspected nuclear development, the Korean Government has decided to join the international sanctions against Iran.
Chinese Maritime Safety Administration (MSA) issued regulations requiring ship owners and operators to contract with approved SPRO's before entering Chinese ports.
The EU Council Decision 782/2011 has enhanced the sanctions against the current regime in Syria to counter the movement of both armaments and energy commodities to that country. An additional decision 1244 has extended the list of named parties against whom these sanctions apply.
EU Council Regulation 1245 has extended the list of parties in Iran subject to sanctions.
On the 21st November 2011, the Australian government passed a bill extend penalty provisions for pollution incidents in their waters. As well as expanding existing offence and civil penalty provisions in the Navigation Act 1912 (Navigation Act) and the Protection of the Sea (Prevention of Pollution from Ships) Act 1983 (PPS Act).
HM Treasury has imposed new financial restrictions against Iran. From 15:00 Monday 21 November 2011, all UK credit and financial institutions are required to cease business relationships and transactions with all Iranian banks, including their branches and subsidiaries, and the Central Bank of Iran. This means that UK credit and financial institutions are prohibited from entering into transactions or business relationships with these entities and continuing existing transactions and business relationships with them, unless licensed to do so by HM Treasury.
Highlights Issue 22: November 2011
17/11/2011
Delay in China OSRO listing
10/11/2011
The issue of lists of all approved oil spill response contractors in Chinese ports by China's MSA, and due for publication this October, has been postponed,
Tanker Contamination Checklist
27/10/2011
In a recent decision in the Southern District of New York the court held that the rail carrier (BNSF) could not apply the ocean carriers' COGSA package limit of USD 500, with regard to an export shipment of goods that were damaged during inland rail transit before the goods arrived at the ship.