Siddharth MahajanJan 1, 20231 minSanctionsUS sanctions & freight payments - will '€' work instead of '$'?To avoid US sanctions, Charterers sometime make payments to owners in currencies other than USD. What if the C/P provides that freight is...
Siddharth MahajanMar 26, 20221 minSanctionsOFAC sanctions and payment of charter hireWhat do you do as a shipowner if OFAC applies sanctions to charterers by adding them to the SDN list during the currency of C/P? Do you...
Siddharth MahajanJun 16, 20191 minSanctionsSanctions & Flag StatesSanctions busting ship caught overseas - Flag State to the rescue? Owner of MV Lighthouse Winmore had to sue Hong Kong flag to find out....