Press Release

globalCOAL Publishes Guidance on Blocked Vessels

LONDON (UK) -- 24 March 2009

globalCOAL published today an information note for its Market Members with reagrds to 'Blocked Vessels' under OFAC Rules.

The file can be downloaded by Market Members from the Compliance section of the globalCOAL website.

Please note this briefing is a guide for information purposes only, and is not intended to be a substitute for taking legal advice. globalCOAL accepts no responsibility for any actions taken or not taken in reliance on it.

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