News & Analysis as of

Russia Maritime Transport Ukraine

Blake, Cassels & Graydon LLP

Le Canada annonce le plus important ensemble de sanctions contre la Russie depuis 2022

Le 17 juin 2025, le gouvernement fédéral canadien a annoncé l’imposition du « plus vaste ensemble » de sanctions liées aux navires et au commerce contre la Russie depuis l’invasion à grande échelle de l’Ukraine par la Russie...more

Mayer Brown

EU & UK Adopt New Sanctions Targeting Russia

Mayer Brown on

On May 20, 2025, the European Union ("EU") and the United Kingdom ("UK") adopted new sanctions targeting Russia, reflecting prior commitments to apply "further pressure on Russia to hinder its ability to wage its war of...more

Mayer Brown

Europe Daily News, 13 March 2024

Mayer Brown on

COMPETITION - Prior notification of a concentration (Case M.11465 - Silver Lake / Australiansuper / Digitalbridge / Vantage Emea) - Commission clears acquisition of Cotiviti by KKR and Veritas (M.11454) - Midday...more

Eversheds Sutherland (US) LLP

Services ban and EU import ban come into effect for seaborne Russian petroleum products

On February 5, 2023, the G7 announced that the “price cap” on western-backed seaborne trades of Russian-origin petroleum products to third countries would be set at $45 per barrel ($45/bbl) for Discount to Crude petroleum...more

Holland & Knight LLP

OFAC Updates U.S. Oil Price Cap Policy Against Russia

Holland & Knight LLP on

As an update to an earlier Holland & Knight alert on the same topic, the U.S. Department of the Treasury Office of Foreign Asset Control (OFAC) has published another determination pursuant to Executive Order 14071 expanding...more

The Volkov Law Group

OFAC Due Diligence and Attestation Requirements (Part IV of IV)

The Volkov Law Group on

OFAC’s guidance is intended to ease the burden on an otherwise difficult compliance problem.  Companies have to act in good faith to avoid transacting business involving Russian crude oil that has been sold above the $60 per...more

The Volkov Law Group

Finding Safe Harbors Under OFAC’s Price Cap Regulations (Part III of IV)

The Volkov Law Group on

The Biden Administration recognizes that the Russian Price-Cap Policy imposes serious burdens on U.S. energy companies and industries that provide ancillary services to the energy sector.  It is even more complicated given...more

The Volkov Law Group

Navigating Risky Waters: Compliance with OFAC’s New Price-Cap Policy (Part II of IV)

The Volkov Law Group on

While OFAC is not always known for its clarity, the department is trying to make it easier for participants in global oil markets to comply with the Price-Cap Policy against Russian oil. This is not an easy task since there...more

Morgan Lewis

US Matches EU $60 Price Cap on Russian Crude Oil Delivered by Sea

Morgan Lewis on

The US Department of the Treasury’s Office of Foreign Assets Control issued a Determination on December 5 implementing a $60 “price cap” on Russian crude oil, pursuant to which US persons are authorized to provide otherwise...more

Morgan Lewis

Update: EU Introduces Its 8th Wide-Ranging Sanctions Package Against Russia

Morgan Lewis on

The European Union adopted its 8th sanctions package of restrictive measures against Russia on 6 October 2022 in response to the ongoing conflict in Ukraine. ...more

The Volkov Law Group

OFAC Releases Preliminary Guidance on Price Caps for Russian Origin Crude Oil and Petroleum Products

The Volkov Law Group on

On September 9, 2022, the United States Department of the Treasury’s Office of Foreign Asset Control (“OFAC”) released “Preliminary Guidance” concerning a ban on maritime transportation services involving Russian Federation...more

Vinson & Elkins LLP

Carbon Taxes in the Shipping Industry—Assessing Japan’s Proposal

Vinson & Elkins LLP on

There are growing calls for a carbon tax on shipping emissions. Jim Loftis, Ciara Ros and Tatiana Freeman of Vinson & Elkins look at the recent proposal from Japan for a global carbon tax, assess it in the context of the...more

Hogan Lovells

Guerra en Ucrania: medidas laborales y de seguridad social en España

Hogan Lovells on

El Gobierno español ha aprobado un nuevo Real Decreto Ley que establece medidas dirigidas a paliar la crisis generada por la guerra en Ucrania y su impacto en la economía española. Entre las medidas adoptadas se incluyen...more

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