Fri, 06 Aug 2021 21:00:57 +0000
In July, BIMCO published its Automatic Identification System (AIS) Switch Off Clause for Time and Voyage Charter Parties 2021, representing the latest in a string of recent clauses bolstering sanctions protection. The clause follows the U.S. Department of Treasury’s Office of Foreign Assets Control (OFAC) ‘Sanctions Advisory for the Maritime Industry, Energy and Metals Sector, …
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