Further to HKSOA  circular on 6th December,  Cir Ref : A(22)258, in respect of the operation and implementation of the price cap on Russian seaborne oil which came into force on 5 December 2022,  members are invited to take note that the International Group of P&I Clubs (IG P&I Clubs) has issued guidance on the operation of the Russian Price Cap.  All of the IG P&I Clubs have issued the same information.  The link to the circular issued by Skuld P&I in this regard can be found here:  

https://www.skuld.com/topics/legal/sanctions/russia/the-price-cap-on-russian-oil/