Shipowners P&I Club announces Nil General Increase for 2019
The Shipowners P&I Club will rely on its strong financial position to subsidize the anticipated small Underwriting deficit for 2018, and therefore no General Increase will be applied for 2019 renewal.
In addition, as per usual the Club will absorb any change to the costs of the GXL programme.
At present the Club does not charge release calls.
The Club’s circular is available on their website.