The Navios Group has parted ways with the London P&I Club in one of the biggest moves at this year’s 20 February protection and indemnity renewal.

TradeWinds understand that Navios, which divides its P&I cover among several clubs, has transferred its London P&I entry over to Norway’s Skuld.

Another major owner to part ways with the London club is its long-time shipowner committee board member International Andromeda Shipping, which has joined NorthStandard.