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No.15 2024/25 - West fully acquires Nordic Marine Insurance
09 Jan, 2025
The Managers are now pleased to announce the full acquisition of Nordic, with the Club acquiring 100% of Nordic subject to regulatory approval in Sweden.
No.13 2023/24 - US temporarily authorises transactions involving oil, gas and gold in Venezuela
06 Dec, 2023
The US Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) recently issued four general licenses suspending certain sanctions in relation to transactions involving oil, gas, and gold...
Sanctions in Respect of Ukraine and Russia: August 2014 Update | West P&I Club
11 Aug, 2014
EU Sanctions
The EU published Regulation 833/2014 on 31 July 2014, detailing further measures against Russia in light of the situation in Ukraine. In brief, the Regulation prohibits the supply, transfer...
Offshore product rebranded to recognise the renewable energy market
24 Nov, 2021
We are pleased to announce the rebranding of our Offshore product to “Offshore & Renewable Energy” to encompass the industry’s shift towards the renewable energy sector. Whilst we have always provided...
Cuba Sanctions Alert - Significant New Risks for Non-US Persons
19 May, 2026
On 1 May 2026, President Trump signed Executive Order 14404 ("EO"), titled "Imposing Sanctions on Those Responsible for Repression in Cuba and for Threats to United States National Security and Foreign...