Tag: Syria

The Swedish Club informs on developments regarding the sanctions landscape for Syria, as USA, EU and UK have implemented relaxations.

Syria has signed a 30-year agreement with French shipping and logistics giant CMA CGM to develop and expand Latakia port, the country’s main maritime gateway.

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) has issued Syria General License (GL) 24 to expand authorizations for activities and transactions in Syria.

The RMI issued an updated advisory to inform about the ship security measures in effect due to the geopolitical conflict in Syria.

The Republic of the Marshall Islands (RMI) issued a new advisory to inform about the ship security measures in effect due to the geopolitial conflict in Syria.

A.P. Moller – Maersk informed that after careful consideration and a thorough evaluation of available options, decided to formally wind down their operations in Syria effective 1st December 2023. This means that they will no longer offer shipments to or from any destinations in Syria.

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued three separate and related general licenses (GLs) relevant to the sanction programmes targeting Iran, Syria, and Venezuela.

At least three people have reportedly lost their lives after a fire onboard an oil tanker off the Baniyas refinery, Syria, on Saturday. Some reports say the fire came from a suspected attack by a drone coming from Lebanese waters, while others attribute the incident to a welding accident.

During the Iran-Syria Joint Committee on Port and Maritime Cooperation, Mohammed Rastad, the managing Director of PMO and the Syrian Deputy Minister of Maritime Transport agreed to consider maritime cooperation development, maritime training between the two countries.

A Danish Court has recently revealed that Bunker Holding, the marine fuels group, together with its CEO have been charged in relation to an investigation into alleged jet fuel trading in Syria that may have breached EU sanctions.