I have the same issue after update of Windows 10 to build 1709.
It is caused by the DX11 rendering. Here is the easy fix:
1. Locate the preference.xml file in game folder (for example C:\World_of_Warships).
2. Edit the file
3. Find the following section GRAPHICS_API
4. Change the value from 1 (DX11) to 0 (DX9).
5. Save the changes and run the game.