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Results for:Restrictions and sanctions
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Sanctions Clause for box lines takes pragmatic approach
26 February 2020Many container operators use charter party trade limits as a sanctions management tool when operating liner services between non-sanctioned countries. To provide an alternative contractual solution and to proactively address the current trend to impose sanctions on the shipping industry, BIMCO is currently developing a sanctions clause specifically designed for time chartering container ships.
Congo, Democratic Republic of - Trading restrictions
18 December 2020Cyprus - Trading restrictions
17 January 2017USA - US sanctions against Iraq
26 May 2020Vietnam - Trading restrictions
27 February 2018USA - US sanctions against Iran
26 May 2020Geopolitical shift prompts new sanctions clauses from BIMCO
20 May 2019BIMCO is updating its suite of sanctions clauses to reflect changes in the sanctions’ environment. The new clauses are expected to be launched at the end of 2019.
USA - US sanctions against Sudan
26 May 2020Iran sanctions: US Department of the Treasury bulletin
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