European Union Regulations concerning Ukraine and Russia

See the European Union Sanctions Map (may be slow to load) European Union sanctions include: Arms embargo on Russia Asset freeze and financial restrictions Ban relating to goods originating in Crimea or Sevastopol Ban on new investments in Crimea or Sevastopol Ban on selling, supplying, transferring, or exporting goods and technology to Crimea or Sevastopol Ban on providing services related to tourism activities in Crimea or Sevastopol Ban on the export of certain dual-use goods and technology to Russia Ban relating to deep water and Artic oil exploration or production and shale oil projects in Russia Restrictions on the export of certain energy-related equipment and technology to Russia  Travel ban Arms embargo Council Regulation (EU) No 833/2014 of 31 July 2014 introduced an embargo on the trade in arms (Art. 4). Assets freeze and financial restrictions Council Regulation (EU) No 208/2014 of 5 March 2014 concerning restrictive measures directed against certain persons, entities and bodies in view of the situation in Ukraine introduced an asset freeze, freezing of funds and assets of designated persons/entities (Art. 2). Council Regulation (EU) No 269/2014 of 17 March 2014 expanded the scope of the asset freeze (Art. 2). Council Regulation (EU) No 960/2014 of 8 September 2014 introduced a wide range of financial restrictions. F.inst. EU nationals and companies can not  provide loans to five major Russian state-owned banks. Trade in new bonds, equity or similar financial instruments with a maturity exceeding 30 days, issued by the same banks, has been prohibited. The same restrictions have been extended to three major Russian defence companies and three major energy companies. Providing services related to the issuing of the above financial instruments, e.g. brokering, is also included in the prohibition. Ban relating to goods originating in Crimea or Sevastopol Council Implementing Regulation (EU) No 692/2014 of 23 June 2014 implemented restrictions on goods originating in Crimea or Sevastopol and on the provision, directly or indirectly, of financing or financial assistance, as well as insurance and reinsurance, related to the import of such goods [Art. 2] with effect from 25 June 2014, subject to certain exemptions [Art. 3]. The restrictions apply not only to all Member States, but also to any vessel under the jurisdiction of a Member State. Ban on new investments in Crimea or Sevastopol Council Regulation (EU) No 825/2014 of 30 July 2014 amended Council Implementing Regulation (EU) No 692/2014 by introducing a ban on new investments related to infrastructure in the sectors of transport, telecommunications and energy and the exploitation of oil, gas and mineral reserves in Crimea and Sevastopol (Annex II) and an export ban on key equipment and technology related to those sectors (Annex III). Ban on selling, supplying, transferring, or exporting goods and technology to Crimea or Sevastopol Council Regulation (EU) No 825/2014 of 30 July 2014 stipulates that it is prohibited the sell, supply, transfer, or export goods and technology as listed in Annex II to persons, entities or bodies in Crimea or Sevastopol, or for use in Crimea or Sevastopol. Annex II includes certain goods and technologies suited for use in the following key sectors: (i) transport; (ii) telecommunications; (iii) energy; and (iv) the prospection, exploration and production of oil, gas and mineral resources (Art. 2b(1)). The prohibition also applies, directly or indirectly, to technical assistance or brokering services re...

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Merete Lund Greisen
in Copenhagen, DK

VPS Bunker Alerts

Veritas Petroleum Services (VPS) publish regular Bunker Alerts based entirely on fuel samples and have kindly permitted BIMCO’s Members to access this information.

The Bunker Alerts are not intended to be an evaluation of overall bunker quality in the port or area concerned, but usually highlight a specific parameter within the fuel which has raised a quality issue.

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