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The latest updates from the Club
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West P&I has again been assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) by AM Best. The outlook assigned to these Credit Ratings (ratings) is stable.
Latest news
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News 06 Jan, 2026Venezuela - Latest update
We are grateful to our local correspondents Globalpandi in Venezuela who have provided an update on the current situation in Venezuela which is available here.
Tony PaulsonHead of Asia & Corporate Director -
Loss Prevention 05 Jan, 2026Group A IMSBC Cargoes - The Rain Loading Dilemma
The Club has recently seen several instances regarding loading bulk cargoes that are categorised as Group A cargoes under the IMSBC Code.
Marcus WinchesterLoss Prevention Officer -
Loss Prevention 19 Dec, 2025Turkey - Environmental Pollution Fines: Updated for 2026
Turkish authorities have announced a 25.49% increase in fines for marine pollution, effective 1 January 2026. This adjustment, as reported by local sources, applies to all categories specified under Article 23 of the Environmental Code.
Emma Forbes-GeareyLoss Prevention Officer
Notices to Members
Sanctions news
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News 06 Jan, 2026Venezuela - Latest update
We are grateful to our local correspondents Globalpandi in Venezuela who have provided an update on the current situation in Venezuela which is available here.
Tony PaulsonHead of Asia & Corporate Director -
News 01 Sep, 2025Syria – easing of sanctions
Following the fall of the Assad regime in December 2024, many of the extensive and longstanding sanctions previously imposed by the UK, EU and US on Syria have been eased.
Tony PaulsonHead of Asia & Corporate Director