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.