Last updated 4 May 2012

The United States introduced sanctions at the end of April 2011 against five key persons and entities in the Syrian regime. This measure was followed shortly afterwards by similar sanctions imposed by the European Union. The US sanctions were significantly extended on 18 August (see below). The EU followed on 3 September by targeting the supply, transport, financing and insurance of Syrian oil and petroleum products (see Regulation 878/2011 below). Bill HR 2105 currently before the Senate can potentially have severe consequences for vessels entering the US which have previously called at Syrian ports.

It is important to note that the situation may change quickly. Recent experience with sanctions in other regions demonstrates that sanctions can be extended rapidly and without advance notice.

Members are reminded of that sanctions may prejudice cover (see Rules 30.4.7 & 32.7) and affect the assistance which the Association is able to provide to the members.