May 14, 2020 / 3:13 PM / 10 days ago

Trump administration issues global maritime advisory on sanctions, with industry input

WASHINGTON, May 14 (Reuters) - The Trump administration on Thursday issued guidelines to help ship owners and insurers avoid sanctions risk, that industry players and a senior State Department official said followed months of discussions with industry.

The guidelines, known as a Global Maritime Advisory, concern sanctions on Iran, North Korea and Syria. Global commercial players had argued that an initial plan, that a senior State Department official outlined in March would have disrupted international trade, three industry sources said. (Reporting by Jonathan Saul in London, Humeyra Pamuk and Timothy Gardner in Washington)

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