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COVID-19: ICS Publish Coronavirus Guidelines (Update)
09 Jul, 2020
In response to the global coronavirus (COVID-19) outbreak, the International Chamber of Shipping (ICS) has produced an updated set of guidelines to help shipping companies comply with the advice previously...
West Reports Significantly Improved Operating Result
05 Oct, 2022
We are pleased to announce that the Club has returned an underwriting surplus for the first time in five years in its 20 August financial results, with a combined ratio of 97.9% at the mid-year point....
Ukraine Conflict and Charterparties - FAQs
22 Mar, 2022
Understandably, in the current situation in Ukraine, many Members are contacting the Club to ask for advice. The below summary is aimed to give broad advice in response to the questions most commonly asked...
Russia - EU imposes package of sanctions
24 Feb, 2022
Further to our News Item of 23 February 2022, the EU has now published details of its sanctions against Russia in light of the conflict in Ukraine.
Ukraine Conflict - potential humanitarian corridors for foreign ships in the Ukrainian ports
25 Mar, 2022
A number of sources are reporting an announcement by the Russian authorities of the of opening humanitarian corridors to allow foreign vessels trapped in Ukrainian ports to leave.
Turkey - Environmental Pollution Fines: Updated for 2024
03 Jan, 2024
Pollution fines in Turkey continue to undergo regular annual updates, reinforcing the commitment to stringent environmental protection measures. As of the latest amendments effective from 1 January 2024,...
No. 8 2019/2020 - Guidance on the United States Sanctions Compliance Programmes published by OFAC
03 Sep, 2019
On 3rd May, 2019, OFAC published a framework which sets out its views of the essential elements of an effective economic sanctions compliance programme.
P&I Cover and Cyber risk
18 Jun, 2020
Members are obliged to ensure that cover is not prejudiced by acting in an “imprudent, unsafe, unduly hazardous or improper” way and this obligation extends to their conduct in relation to Cyber risks....