The London P&I Club expects to deliver a positive result in its upcoming annual report, chief executive Ian Gooch said.

Speaking in a newsletter for the protection-and-indemnity mutual, Gooch said the club experienced reasonable claims during the period, particularly with respect to the International Group pool.

And while the routine disposal of ships led to high churn within the club's fleet, the London's P&I's investment portfolio had positive returns.

Meanwhile,