The UK P&I Club said it has grown its mutual protection-and-indemnity fleet to 152.5m gt following the recent annual round of policy renewals.
The Thomas Miller-managed mutual said 99% of its members had agreed to renew their P&I cover with the club.
Along with the high retention percentage, the UK P&I Club said it has also added some new members.
The club had asked members for a 10% general increase in rates at this year’s renewal.
