Steamship Mutual announces 7.5% GI for 2020
The Steamship Mutual has announced their General Increase for 2020/21, set at 7.5% for P&I and FD&D, with an uplift of USD2,000 in lower level P&I deductibles. At the same time, the Club has also decided to return 7.5% of 2019/2020 mutual P&I premium to their Members, for vessels renewing in 2020. This represents around USD17 million capital redistribution. Release ...
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