M Taher & Co Solicitors recently hosted the First Maritime Conference on Business Opportunities in Iran-Post Sanctions, in collaboration with the Greek publication Naftika Chronika. The event was held in Piraeus, Greece, on Thursday 16 February 2017, under the auspices of the Piraeus Marine Club and was very well attended by leading Greek ship-owners; ship-managers; insurers; P&I Club Managers and ...

OFAC is amending the Iranian Transactions and Sanctions Regulations, 31 C.F.R. part 560 (ITSR) to expand the scope of medical devices and agricultural commodities generally authorized for export or re-export to Iran pursuant to the Trade Sanctions Reform and Export Enhancement Act of 2000, as amended. This amendment also includes new or expanded authorisations related to training, replacement parts, software and services for ...

Amidst increasing political tension and uncertainty as to the future of the landmark nuclear deal, OFAC issued on 15 December a further update to its “Frequently Asked Questions Relating to the Lifting of Certain U.S. Sanctions Under the Joint Comprehensive Plan of Action (JCPOA) on Implementation Day” (the FAQs), providing guidance for Non-US, Non-Iranian persons in the event that sanctions are ...

The Court of Appeal dismissed Grand China Logistics Holding (Group) Co Ltd appeal and upheld that the obligation to pay charterparty hire is not a condition. On 7th October 2016, the Court of Appeal handed down its judgement in Grand China Logistics Holding (Group) Co Ltd v Spar Shipping AS [2016] EWCA Civ 982. It upheld the judgement of the High Court confirming ...