The terms for Freight Demurrage & Defence Insurance for the 2024/2025 policy year are outlined in the below circular. Enclosures to the circular:
https://www.swedishclub.com/news/circulars/freight-demurrage-defence-insurance-terms-2025-2026/
Circulars – FD&D
FD&D Insurance: policy years 2021/22, 2022/23, 2023/24 and 2024/25 Supplementary and Release Calls
At the Board Meeting in Hong Kong on 21 March 2024, the Board of Directors made the following decisions in respect of the open policy years: 2021/2022 To keep the release call at 0%. 2022/2023 To keep the release call at 5%. 2023/2024 To keep the release call at 5%. 2024/2025 To keep the...