Maritime Legal Business · Coverage
Sanctions & Trade
Latest reporting, legal intelligence and analysis from Maritime Legal Business.
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UK’s new Iran sanctions create a 29 September compliance deadline for maritime businesses
Read article →: UK’s new Iran sanctions create a 29 September compliance deadline for maritime businessesNew UK Iran sanctions take effect on 29 September, expanding restrictions on maritime goods, insurance, ship services and transport and creating an immediate compliance deadline.
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EU tanker-sale rules put shadow-fleet due diligence on the compliance agenda
Read article →: EU tanker-sale rules put shadow-fleet due diligence on the compliance agendaEU tanker-sale rules are turning vessel disposals into a sanctions-control point, requiring closer scrutiny of buyers, ownership structures, intended use and contractual protections.
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US Sanctions on VTB Raise New Payment Risk for Shipping Counterparties
Read article →: US Sanctions on VTB Raise New Payment Risk for Shipping CounterpartiesThe United States has designated Russia’s VTB Bank under its Iran sanctions authorities, creating an additional layer of payment and counterparty risk for shipping businesses already navigating overlapping Russia- and Iran-related restrictions. The designation was announced…
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UK Tightens Iran Shipping Sanctions With New Ship, Port and Maritime-Service Restrictions
Read article →: UK Tightens Iran Shipping Sanctions With New Ship, Port and Maritime-Service RestrictionsThe United Kingdom will significantly expand its Iran sanctions framework from 29 September 2026, adding new maritime, financial and trade restrictions that shipping companies, insurers, brokers, banks and commodity traders should incorporate into compliance systems before…
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Hormuz and Red Sea risks converge as attacks squeeze two critical shipping routes
Read article →: Hormuz and Red Sea risks converge as attacks squeeze two critical shipping routesMiddle East shipping risk is increasingly becoming a two-chokepoint problem as renewed Hormuz disruption converges with pressure around Saudi export infrastructure and Bab el-Mandeb.
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Arctic LNG 2 seeks US$1 billion from Hanwha Ocean in Singapore arbitration over cancelled tanker contracts
Read article →: Arctic LNG 2 seeks US$1 billion from Hanwha Ocean in Singapore arbitration over cancelled tanker contractsArctic LNG 2 has filed a US$1 billion SIAC claim against Hanwha Ocean over alleged breaches of step-in agreements tied to cancelled LNG carrier contracts, adding another major dispute to the sanctions fallout from Russian energy…
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Strait of Hormuz attacks raise fresh legal and operational risk for shipping
Read article →: Strait of Hormuz attacks raise fresh legal and operational risk for shippingA fresh round of projectile attacks around the Strait of Hormuz is forcing shipowners, charterers and insurers to reassess voyage economics, contractual risk and security planning as war-risk costs climb.
Archive hero photograph: Igor Passchier / Pexels.