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American Club issues economic sanctions guide

Following an increase in sanctions throughout the whole shipping industry, the American Club issued a guide called “Economic Sanctions – Compliance Guidance”, providing guidance so that the industry can comply with the laws and sanctions.

US imposes further economic sanctions on Iran

The US Treasury Department announced additional US sanctions against Iran, in response to the state’s missile attack against a US air base in Iraq, making now trade with Iran in almost all industry sectors off limits for US, as well as non-US persons. 

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