Our correspondent Antarica Group have provided the following update regarding the risk of Coronavirus spreading in Russian ports.
Imposition of Martial Law in Ukraine
28/11/2018
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.
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.
Development of Taman sea port
31/03/2017
Taman sea port is expected to become the second largest port in the Southern region of Russia.
Loading at Kavkaz - Demurrage claims
31/03/2017
The number of claims for demurrage arising out of the loading of bulk cargoes at Kavkaz increases proportionally to the growing cargo turnover.
Russia - Time Bars
31/01/2017
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.
Russia & Ukraine Sanctions Update - May 2014
09/05/2014
Stay updated on the latest Russia & Ukraine sanctions