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Sanctions compliance in the shipping industry

Maritime Risk International

Sanctions compliance in the shipping industry

Mike Salthouse, of the North Group and International Group Sanctions Committee, reports on the latest sanctions guidance from the US for the shipping sector

On 14 May 2020, the US issued new guidelines for the marine industry setting out expectations of the measures that the industry should be taking to ensure that shipowners, insurers and flag states, among others, adhere to US law.

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