The UK P&I Club has won clearance to trade in the Netherlands after Briton leaves the European Union.

It said the Dutch financial regulator had confirmed approval for a licence for its Rotterdam-based subsidiary UK P&I Club NV (UKNV).

"The new subsidiary will ensure the UK Club, together with other Thomas Miller-managed clubs for which UKNV is fronting, can continue to serve members after the United Kingdom leaves the European Union," the UK P&I Club said.