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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 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 Paulson]()
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 Paulson]()
Tony PaulsonHead of Asia & Corporate Director -
News 25 Aug, 2026The Hidden Dangers of Non-Approved Portable Electrical Equipment On Tankers
A recent serious incident on board a tanker serves as a stark reminder of the risks associated with using non-approved portable electrical equipment. The incident resulted in a crew member sustaining severe burn injuries when portable electrical equipment, which had not been approved for shipboard use, was operated in a hazardous area.
![Emma MacCarthy]()
Emma MacCarthyLoss Prevention Officer
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 Paulson]()
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 Paulson]()
Tony PaulsonHead of Asia & Corporate Director
