Shipowners Club – 2024 Annual Report
The Shipowners’ Club, the leading mutual P&I insurer in the smaller and specialist vessel sector, has reported encouraging results for the year ending 31 December 2024.
India / Pakistan reciprocal ban on imports and port access
In response to the escalating conflict following the 22 April 2025 Pahalgam attack, the Government of India has enacted comprehensive trade restrictions against Pakistan, as per the following directives.
West of England – Strong Growth and Resilience Amid Market Challenges in 2024-25
The Club is pleased to announce another year of strong financial results as it continues to deliver on its long-term strategy of sustainable growth, disciplined underwriting, and capital resilience.
West of England – Policy Year Balances and Financial Position at 20 February 2025
The Report and Accounts for the year ending 20 February 2025 for The West of England Ship Owners Mutual Insurance Association (Luxembourg) were approved by the Board on 14 May 2025, who are pleased to note another positive year for the Club.
IG Circular: Sanctions update – Yemen trading and designation of Ansarallah as a foreign terrorist organisation
This circular provides information, in conjunction with U.S. State Department spokesperson Mrs. Tammy Bruce’s recent press statement on the United States’ position, regarding support to terrorist organisations – such as the Houthis.
Steamship Mutual creates new web page related to US tariffs and trade
Group Club Steamship Mutual has said that the Club, particularly its global offices in New York and Hong Kong, were monitoring closely developments in relation to the USTR section 301 Investigation and recent ‘reciprocal tariff’ announcements from the United States…
Update to sanctions against Russia: EU FAQs related to the Infrastructure Transaction Ban
Update to Circular dated 7 March 2025 regarding the recent sanctions against Russia: EU FAQs related to the Infrastructure Transaction Ban (Article 5ae of Council Regulation EU no. 833/2014)
Financial Update and 2025 Renewal
We have issued London Circular L.447 and Europe Circular E.103 providing Members with information concerning the decisions, notably relating to renewal and capital distribution, made at the Board Meeting held on 22 October in Miami.
Industry associations update safety protocols for Red Sea, Gulf of Aden
Escalating security concerns in the Southern Red Sea and Gulf of Aden, five major maritime organizations have collaborated to issue updated safety protocols for vessels sailing through these waters. Jointly developed by BIMCO, ICS, INTERCARGO, INTERTANKO, and OCIMF, the guidance…
IMO Annual Piracy Report: 150 incidents reported during 2023
According to information in IMO’s GISIS module on piracy and armed robbery, 150 incidents were reported to the Organization as having occurred or been attempted in 2023. In 2022, 131 incidents were reported, whereas the number was 172 incidents in…
