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Piracy: Kidnap & Ransom Insurance
13 May, 2019
Liabilities and losses arising from piracy fall within the scope of the Club’s normal P&I cover in the same way as other P&I risks. However, except in cases where its excess war risk P&I cover might...
Standard and Poor's
23 Jan, 2012
Standard and Poor’s have advised the Managers that they have lowered the West of England’s public information rating from BBBpi to BBpi. The Managers believe this action is surprising and unwarranted...
West announces 15% general increase in response to market conditions
14 Oct, 2021
Premium rates, as the West has noted since 2018, are unsustainably lowRecord pool costs and Covid-19 related liabilities mean that a corrective action is now necessaryThe West is committed to preserving...
Making Entries In The Oil Record Book: Complying With Marpol Requirements
07 Sep, 2011
At a recent meeting of the IMO’s Marine Environment Protection Committee MEPC. 1/Circ. 736/Rev. 01 “Guidance for the Recording of Operations in the Oil Record Book Part 1 – Machinery Space Operations (All...
NYPE
16 Oct, 2015
A newly revised NYPE time charterparty has been produced by BIMCO together with the Association of Ship Brokers and Agents (ASBA) and the Singapore Maritime Foundation (SMF) after much industry consultation....
Dominican Republic - Submarine Cables off Puerto Plata
03 Apr, 2012
Santo Domingo Correspondents Schad Expertise, Frederic Schad Inc. have advised that a number of underwater submarine telecommunication cables have been laid from Puerto Plata on the North Coast of the...