Grantley Berkeley’s robust warning in these pages last week over the threat to the mutual protection-and-indemnity (P&I) club system posed by fixed-premium cover rightly grabbed attention, not least as it came from someone who has rarely felt the need to be outspoken.
What made the comments of the outgoing chairman of the International Group of P&I clubs noteworthy were his concerns in particular over the fixed-premium operations for large ships run by the clubs themselves.
Ultimately
