The two largest shipowner legal defence mutuals are following the protection-and-indemnity clubs in seeking no general increase in premium for 2018.
For the fourth consecutive year, both Nordisk and the United Kingdom Freight, Demurrage & Defence Association are not seeking an across-the-board rate rise.
However, Schutzverein Deutscher Rheder, the smaller Hamburg-based freight, demurrage and defence (FD&D) club, is in its 13th year without a rise in premium.
