On 30 December 2022, US Treasury’s OFAC quietly released their preliminary guidance for the forthcoming price cap for the provision of services related to the maritime transport of Russian oil products. The cap is scheduled to be implemented by 5 February 2023 by the EU, G7 members and Australia. Much as with the crude oilContinue reading “Russian Oil Product Price Cap – What will it look like?”
Tag Archives: Russia
The shipping industry faces expanded risks from the new U.S. Russia sanctions
A collaboration with Windward to examine the risks to the shipping industry from the latest U.S. sanctions on Russia. Check out the article: “The shipping industry faces expanded risks from the new U.S. Russia sanctions”
How should Nordic Banks and Companies React to the new US Russia Sanctions?
On April 15, 2021 the Biden administration announced a broad set of measures to combat malaign activities of the Rusisan government against the United States. Some of these measures are very targeted and others create a broad structure for future sanctions that could have harsh consequences for us in the Nordics. While they complicate theContinue reading “How should Nordic Banks and Companies React to the new US Russia Sanctions?”