The London Steam-Ship Owners’ Mutual Insurance Association has joined the band of clubs set to impose a 5% general increase at the February renewal of protection and indemnity cover.

The club which numbers the Ofer group and many Greek shipowners among its members reports that 2010 is developing in a promising way.

The number of claims is down although the bill facing the club reflects there have been a number of large casualties early in the year.

Membership