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Wind-down period announced for transactions with COSCO Shipping Tanker (Dalian) Co. Ltd

25 Oct, 2019
OFAC have now issued General Licence K which entitles U.S. persons to wind-down their activities with COSCO Shipping Tanker (Dalian) Co. Ltd. and any subsidiary in which they own 50% or more.

Member support strengthened in Asia through two new senior promotions

01 Dec, 2022
West P&I, has today announced the promotions of David Griffiths and Xuanlun (XL) Cai. David has become the Regional Head of Underwriting, Singapore, and Xuanlun is now Regional Head of Underwriting, Hong...

No.18 2023/24 - Class 1 & 2 Rules Changes for 2024

02 Feb, 2024
An Extraordinary General Meeting of the Class 1 and Class 2 Members of the Association was held on Tuesday, 23 January 2024 in the Hotel Le Royal, 12 Boulevard Royal, L-2449 Luxembourg and the following...

Syria - Easing of US Sanctions - Important Notice

15 Jan, 2025
On January 6, 2025, OFAC issued Syria General License (“GL”) 24, authorizing various activities and transactions previously prohibited under the Syrian Sanctions regime. These authorisations currently...