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European Union sanctions will no longer apply in the UK after 11pm on 31 December 2020.
Guidance: Sanctions Policy after 31 December 2020
According to the the guidance the UK’s sanctions regulations include:
Information on sanctions regimes established under the Sanctions and Anti-Money Laundering Act 2018 which are currently in force or will come into force at the end of the transition period can be found under the UK sanctions regimes under the Sanctions Act.
Maritime Guidance
The guidance provides financial sanctions guidance for entities and individuals which operate in, or with, the maritime shipping sector, especially those involved in areas that may be subject to UK financial sanctions restrictions, including the handling of goods.
Search for another port, state or country
BIMCO will open its fourth local office, this time in London, at the beginning of 2021. The new office will support the organisation’s regulatory affairs activities with Dr Bev Mackenzie taking up the role of BIMCO’s permanent representative at the International Maritime Organization (IMO) from 1 February, reporting to Deputy Secretary General Lars Robert Pedersen at the head office in Copenhagen.
Currently, four sulphur emission control areas (ECAs) are designated under MARPOL Annex VI. In addition, national sulphur emission control areas s have been designated in some countries.
In an effort to understand the situation that members are facing, BIMCO is launching a survey regarding the European Union’s Ship Recycling Regulations’ (EUSRR) requirement of Inventory of Hazardous Materials (IHM) that most cargo ships must comply with from 31 December 2020.
From 31 December 2020, all ships of 500 GT and above – regardless of the flag they are flying – will be required to carry an inventory of hazardous materials (IHM) when calling a port or anchorage of a country that is a member of the European Union (EU) or European Economic Area (EEA). Failure to do so may result in penalisation.
Only nine shipyards, out of 26, on the EU list of approved recycling facilities are realistically open for ship recycling, and only three of the 26 could recycle a large ship (Panamax size or larger), a study commissioned by BIMCO shows.