On 3 April, the FT reported that a port operating company will waive fees for superyachts belonging to Roman Abramovich in Turkey.  Global Ports Holdings is said to be the world’s largest cruise port operator, the co-founder and chairman of which is Turkish, but is a British company.  However, a lawyer warns that merely waiving fees would not necessarily save the company from sanctions risks.

Any modest contributions for my time and ongoing expenses are welcomed!  I have a page where you can do so, and where one-off contributions start as low as $3, at

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: