Sanctions
The sanctions team at Preston Turnbull offers comprehensive UK and EU sanctions advice to clients across the market. Our team combines deep expertise with a practical understanding of the complex regulatory landscape, ensuring our clients receive tailored guidance on compliance, risk management and strategic decision-making in response to evolving sanctions regimes.
Advisory
We provide regular advice on the following issues:
Sanctions updates
Legislation and guidance interpretation
Coverage advice
Due diligence investigations
Licencing issues
Our recent experience includes
Advising on the scope of the G7 Russian oil price cap
Advising bunker suppliers on the sanctions risks of providing services to various Russian trades
Advising on the impact of the UK Legal Advisory Ban on P&I Clubs
Acting on behalf of ships denied access to EU ports under the EU port access ban
Advising on the status of UK sanctions on supplying jet fuel to Myanmar
Providing risk ratings to a P&I Club in respect of all weekly reported Russian trade
Disputes
We provide regular advice on the following issues:
Charterparty disputes
Coverage disputes
Allision/collision disputes
Our recent experience includes:
Acting on behalf of shipowners concerning charterers’ orders to call at Black Sea ports
Acting on behalf of charterers in a dispute concerning owners’ refusal to load an alleged sanctioned cargo
Arbitrating for a shipowner against a sanctioned entity in a dispute over termination of a charterparty
Acting on behalf of a P&I Club and vessel in respect of a dispute arising from an allision in Iranian waters
Representing a vessel involved in a collision with a sanctioned vessel
