News

The latest News updates from the Club

Russia: Increased sanctions - Update

On 6th April OFAC and the State Department added 7 Russian oligarchs to the list of SDNs together with 12 companies which they control, and 17 senior Russian officials. While US persons are prohibited from engaging in...

Club Selects Standard & Poor's

The Board has taken the decision to withdraw from the AM Best interactive rating process following a review of the market practice and the costs and benefits of maintaining two interactive ratings. The...

North Korea – Enforcement of Sanctions

As reported in our News Item of 26 September 2017, significant new sanctions against North Korea were unanimously agreed by the United Nations Security Council in August and September of 2017. Efforts to enforce those...

Indian Admiralty Bill - Important Update

On 24 July 2017, the Upper House of the Parliament of India passed the Admiralty (Jurisdiction and Settlement of Maritime Claims) Bill, 2017. The President of India has given assent to the Bill. The Bill is now the...

Listeriosis Outbreak in South Africa

A unique strain of listeria has caused the world’s largest documented listeriosis outbreak, with over 550 cases reported since the start of 2017. The condition affects pregnant women or those with weaker immune...

UAE – Implementation of Certain MLC Provisions

Although the UAE has not ratified the Maritime Labour Convention 2006 (“MLC”), a circular from the Federal Transport Authority (“FTA”) issued on 20th February 2018 requires all ships over 200 GT flying the UAE flag and...

Renewals 2018/2019

The West of England has had another successful renewal and thanks the Members and their brokers for their continued support during the last 12 months. Whilst maintaining our usual disciplined approach to underwriting,...

New Underwriting Guide - Geographical Deviation

A carrier has an obligation under a contract of carriage to proceed on a particular voyage from the place of delivery to the final port of discharge without any unreasonable geographical deviation from that route and...

New Basis of Charging Calls for Policy Year 2018 Onwards

The Club is changing its calling basis, so that rather than charging its estimated total mutual call (known as“ETC”) as an advance call plus an additional call, the ETC will be charged simply as a total mutual call....

West of England Insurance Services (North America) Inc.

Further to the earlier news item announcing our North America office, the Club is pleased to confirm that our office in New York is now open. Headed by Paul Barnes, the office will work in conjunction with the existing...

Christmas Charity Donation

This year the Club has decided to make a charitable donation to the Mission to Seafarers in lieu of sending Christmas cards.  Around the world, the Mission to Seafarers provides help and support to over...

Group Reinsurance Rates 2018/2019

The arrangements for the renewal of the International Group General Excess of Loss (GXL) reinsurance contract and the Hydra reinsurance programmes for 2018/19 have now been finalized. These include the Collective...

Brazilian Customs - Delivery Against Original Bill of Lading

Our News Item of 12 May 2017 provided a detailed guide to cargo clearance and delivery procedures in Brazil prepared by the Club’s local correspondent Proinde. The foreword to that guide said inter alia that “there have...

West of England Insurance Services (North America) Inc.

The Club is pleased to announce the opening of an office in North America in the near future. Located in New York and run by Paul Barnes who has recently joined the Club, the office will work in conjunction with the...

Loss Prevention - Laid-up Vessel Reactivation Guide

When a vessel has been laid-up the circumstances of the lay-up can be many and varied, depending on numerous factors including the type of vessel, it's age and condition, as well as the degree of lay-up, duration and...

China - Mobile Phone Inspection by Authorities

The Managers have been advised of the following incident by the Hong Kong Shipowners Association (HKSOA): “A non-Chinese flag ship alongside in Ningbo was boarded by Immigration Authorities.  The entire crew were...

Sanctions Against Sudan - US Sanctions Lifted

It was announced on 6 October 2017 that the temporary lifting of US sanctions against Sudan described in our News Items of 17 January and 24 July 2017 has been made permanent. Specifically, Sections 1 and 2 of Executive...

North Korea - Sanctions - Update

In reaction to recent ballistic missile firings and nuclear weapon tests, President Trump issued an Executive Order on 21 September 2017 which, in conjunction with more stringent United Nations Security Council...

Carriage of Bauxite which may Liquefy

In January 2015 a handymax bulk carrier sank with significant loss of life after loading a cargo of 46,000 tonnes of bauxite from the Malaysian port of Kuantan, where it was suspected that liquefaction of the cargo may...

Venezuela - US Sanctions - Update

Further to our News Item of 16 August 2017 detailing the expansion of US sanctions against the Venezuela, President Trump issued another Executive Order on 24 August 2017 prescribing additional sanctions against the...

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