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Sanctions against North Korea

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We have handled several disputes recently, which were suspected to be related with North Korea sanctions. Suspicion itself was enough to cause serious operational and commercial difficulties for all the stakeholders. Legal team of Andrew Liu suggests that ship owners and charterers should exercise due diligence to pre-empt breaching the sanction regime. If the sanction regime is indeed breached, the vessel’s insurance cover would be prejudiced .

The purpose of this article is to go through the main sanction regimes against North Korea, and to provide the latest list of sanctions for our client’s easy reference.

See attached file: ALCO20150015 Sanctions against North Korea.pdf

 

朝鲜制裁

我司近期处理的几项争议,疑似与朝鲜制裁相关。不过,仅仅疑似,就足以给所有航次相关方在操作以及商务方面造成严重的困扰。Andrew Liu公司法务团队,建议船东或租家恪尽职责,确保未违反制裁规定。否则,会导致保险失效。

本文将分析针对朝鲜的主要制裁措施,并提供最新的受制裁黑名单供您参考。

详细信息请参阅附件。


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