COFR – Summary of the current U.S. Sanctions against Russia and the implications thereof for OPA90 COFR Holders

Shoreline’s
latest circular highlights important considerations related to economic
sanctions imposed by the United States in response to Russia’s invasion of
Ukraine. COFR Holders should be aware of the current United States sanctions
regime and its impact on the maritime sector and the implications thereof for
the continuation of your COFR guaranty coverage.