P&I clubs claims to stay high
by
Jerry Frank and Sandra Speares, London
—
last modified
Jun 11, 2009 12:48 PM
MARINE mutuals can expect claims levels to remain high despite the downturn in the shipping markets, the Britannia P&I Club has warned.
A shortage of well-trained officers and the increasing burden of legislation on the shipping industry are some of the factors that leading P&I clubs said have not dissipated with the slowdown in world trade.
Although large claims on the...
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