Financial sanctions in Russia

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Samuel J.

Sep 15, 2020

As a shipper, do I need to consider financial sanctions in Russia?

1 answer

Leon L.

Sep 23, 2020

If you’re transporting goods supplied by or going to a designated person, you could be in breach of financial sanctions. Ports can also be subject to financial sanctions and two ports are on the consolidated list as of April 2018: Sevastopol and Kerch. If you pay any fees to these ports, you could be in breach of financial sanctions.