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Showing 261-270 of 1468 results
S&P Reaffirms West’s A- Rating
25 Oct, 2021
S&P have reaffirmed the Club’s interactive rating as A-, with a continued negative outlook but which is now reflected in the rating of virtually all other IG Clubs across the industry.
Barytes - Danger of Liquefaction
09 Nov, 2022
A Member’s vessel recently called at a port in China to load a cargo of barytes. Barytes (which may also be described as barites or barium sulphate) is a principal source of barium and is commonly used...
War risk liabilities in Russia/Ukraine/Belarus
06 Jan, 2023
We refer to our Notice to Members No. 16.
By way of clarification, the notice of alteration applies to all non-mutual business, including but not limited to...
CIMAC Publication on Bunker Fuel Chemical Contamination
24 Nov, 2022
Marine bunker fuel quality is one of the aspects of global shipping that cannot be overemphasised. Bunkers of inferior quality can become not only a cause for additional working hours for engine room crews...
Ship Lay-Up During the Coronavirus Pandemic
06 May, 2020
In light of volatile global markets and the impact of Coronavirus, Members may be considering taking a ship out of service until demand rises again.
Heat Damage to Agricultural Products
14 Nov, 2022
The Club continues to encounter costly claims for damage to agricultural
products due to the excessive heating of fuel oil in tanks bordering cargo
holds. Although the majority of heat damage claims...
Passage Planning in Confined Waters and Traffic Separation Schemes
15 Nov, 2022
During a close quarters situation, vessels may have to alter course, resulting in either a collision or a grounding. These incidents can be more likely to take place while navigating in high traffic areas...
West Successfully Executes Highly Targeted Renewal Strategy
21 Feb, 2022
West has successfully achieved a targeted renewal strategy intended to counter the challenges posed by the consistent underrating in the P&I market and the growth of unpredictable major claims, all now...
Venezuela - re-imposition of U.S. sanctions
22 Apr, 2024
On 17 April 2024 OFAC issued General License 44A (GL44A) which permits the wind-down of oil and gas operations in Venezuela until 31 May 2024, including “the production, lifting, sale, and exportation...
Panama announces sanctions for deliberate AIS/LRIT deactivation
03 Jun, 2020
In likely response to the recent Global Maritime Advisory concerning steps to prevent breach of sanctions issued by the U.S. authorities (please see Notice to Members No.6 2020/2021 for details), Panama...