The London P&I Club changes arrangements for collection of calls
Tagged: P&I
The London Club has issued notice that, from 2010, the Club will quote on the basis of an Annual Call, which will include both the Advanced and Deferred Call.
The Club will continue to collect over a deferred period, likely to be 30% in March 2010, 30% in July 2010 and 40% in December 2010 and for each year thereafter.
This arrangement will affect both P&I and FD&D. The London Club is yet to announce its General Increase for 2010 or intentions in respect of the existing open years.
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