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Bulletins

07 Dec, 2022

Case Study: Primary Delay Insurance for Fire Damage

08 Dec, 2021
A bulk carrier arrived at a port during the evening hours of the day to discharge a cargo of wood chips destined for a paper mill. Upon opening of the cargo holds, cargo light clusters were lowered into...

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...

Venezuela: Prohibitions on the use of the “Petro” cryptocurrency

16 Apr, 2018
Further to our News Item of 28th August 2017, there have been recent developments in Venezuela by way of the introduction of the cryptocurrency, the “Petro”.   The introduction of the Petro was designed...

West Appoints Business Development Manager

24 Jul, 2024
West are pleased to announce that Windy (Peihua) Zheng has joined the West’s Hong Kong office as a Business Development Manager, effective Monday 15th July.

The Effects Of Interventions To Boost Underwriting Performance In Marine Insurance

11 May, 2021
We examine the effects that interventions to boost underwriting performance have had – and how, in turn, the pandemic has accelerated businesses’ digital transformation plans.

Djibouti - Port Authorities Crackdown on Air Pollution from Vessels

15 Dec, 2023
In their advisory notice, the Club's local correspondent, McLeans, highlighted that the Djibouti Port Authorities have recently escalated their efforts to combat air pollution by imposing substantial fines...

BIMCO - New Asian Gypsy Moth Clause for Time Charter Parties

23 Jan, 2015
The Asian Gypsy Moth is a destructive forest pest found in the Far East where there is a risk of vessels being infested with the moth’s larvae during the female moth’s flight season. A number of countries...

Argentina - Customs Fines in Parana River Ports

20 Dec, 2013
In February 2013 the Club advised Members in a news article entitled Argentina – Customs Fines in San Nicolas that the customs authorities in San Nicolas, Argentina were rigorously enforcing the Argentinean...