Shipowners have received confirmation that next year will be an expensive one in terms of cover for their vessels. The UK P&I Club has set a general increase of 12.5% on all mutual premium rates for the 2022 renewal in order, it said in a release, to correct its underwriting deficit. Members with...
https://splash247.com/shipowners-will-have-to-digest-double-digit-rises-in-pi-rates-next-year/