News & Resources
The latest updates from the Club
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Initially launched in 2020, in collaboration with the National Oceanography Centre (NOC), West are proud to be involved with the West P&I Science Bursary. This initiative continues to highlight their commitment to foster talent and innovation within the marine science and oceanography community.
Latest news
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News 15 May, 2024Revised Environmental Crime Directive to come into force on 20 May 2024
The revised Environmental Crime Directive (ECD) has now been published in the Official Journal of the EU, and comes into force on 20 May 2024, replacing Directive 2008/99/EC and Directive 2009/123/EC. Member States have until 21 May 2026 to adopt necessary national measures to transpose the revised ECD.
![Erin Walton]()
Erin WaltonAssistant Corporate Director -
News 15 May, 2024Strong Financial Results Strengthen Capital
The Club is pleased to announce a strong financial performance for the 2023-24 financial year, achieving a 94.5% combined ratio. This is the third year in a row of improvement, a result which represents the Club’s best combined ratio since 2017, and one that is significantly ahead of the recent International Group combined ratio average of 114%.
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Loss Prevention 09 May, 2024Flighted Spongy Moth Complex 2024
Due to the Flighted Spongy Moth’s destructive nature, particularly in countries where the pest is not indigenous, the following countries have specific procedures in place to prevent FSMC from entering their fragile eco system:
![Emma Forbes-Gearey]()
Emma Forbes-GeareyLoss Prevention Officer
Notices to Members
Sanctions news
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News 22 Apr, 2024Venezuela - re-imposition of U.S. sanctions
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 of oil or gas from Venezuela, and provision of related goods and services” and transactions involving the state oil company PdVSA.
![Tony Paulson]()
Tony PaulsonHead of Asia & Corporate Director -
News 12 Mar, 2024Russian sanctions – FHM Client Alert underlines designation risk
In reaction to a recent spate of new designations by the U.S. authorities against Russia, the Club’s U.S. lawyers Freehill, Hogan & Mahar (FHM) have produced a helpful Client Alert which summarises the actions taken.
![Tony Paulson]()
Tony PaulsonHead of Asia & Corporate Director
