Japan P&I Club 2015 General Increase announced

The Japan P&I Club has today announced their General Increase for the 2015 year, as follows:

1.  Mutual P&I entries – the Club will apply a 3% increase to the Advanced Call, with the Supplementary Call remaining static at 40%;

2.  Charterers entries – the Club will apply a 5% increase;

3.  FD&D entries – the Club will not apply a General Increase and the Supplementary Call will remain at 20%.

4.  There is no change to deductibles.

Release Calls have been set as follows:

2015/6 – 45%

2014/5 – 45%

2013/4 – 5%

2012/3 – 5%

2011/2 – closed

The Club’s full circular can be found here.