News & Resources
The latest updates from the Club
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West P&I has been assigned a Financial Strength Rating of A- by Standard and Poor’s. The outlook assigned to the rating is stable.
Latest news
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News 11 Sep, 2026West Continues Collaboration with VPS for 2026–27
West is pleased to announce the renewal of its contract with Veritas Petroleum Services (VPS) for 2026–27, continuing a collaboration that provides Members with independent bunker fuel quality statistics and alerts through the Club’s Neptune platform.
Dmitry KisilSenior Loss Prevention Officer -
News 01 Sep, 2026Venezuela sanctions – amended OFAC General Licences issued
Further to our comprehensive guide issued on 6 January 2026 and updated on 23 February 2026 reflecting important changes in US sanctions against Venezuela in light of the seizure of Nicolas Maduro by the United States, OFAC have issued further amended General licences and association FAQs.
Tony PaulsonHead of Asia & Corporate Director -
News 28 Aug, 2026Iran sanctions – Increased Secondary Sanctions Risk for Operating in the Iranian Shipping Sector
On 24 August 2026, the U.S. Department of the Treasury launched Operation Economic Outcast, a new U.S. campaign targeting the Iranian regime and those facilitating its activities globally.
Tony PaulsonHead of Asia & Corporate Director
Notices to Members
Sanctions news
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News 01 Sep, 2026Venezuela sanctions – amended OFAC General Licences issued
Further to our comprehensive guide issued on 6 January 2026 and updated on 23 February 2026 reflecting important changes in US sanctions against Venezuela in light of the seizure of Nicolas Maduro by the United States, OFAC have issued further amended General licences and association FAQs.
Tony PaulsonHead of Asia & Corporate Director -
News 28 Aug, 2026Iran sanctions – Increased Secondary Sanctions Risk for Operating in the Iranian Shipping Sector
On 24 August 2026, the U.S. Department of the Treasury launched Operation Economic Outcast, a new U.S. campaign targeting the Iranian regime and those facilitating its activities globally.
Tony PaulsonHead of Asia & Corporate Director