Japan P&I Club has been named as the star performer among protection and indemnity insurers in the dry sector, according to an analysis of port state control inspections.
Bulkers of more than 10,000 dwt that were insured by Japan P&I demonstrated a deficiency per inspection percentage of 1.15%, according to a study of 2017 data by Intercargo.
Japan P&I covers 1,072 bulkers and its members include large shipping companies such as NYK Line and MOL.
