The uses and abuses of fixed-premium P&I
It isn’t particularly cheaper but many operators of vessels that will never trouble $2bn-plus upper limit of the International Group pool scheme appreciate fixed-premium P&I for its what-you-see-is-what-you-get simplicity
The emergence of the dark fleet means non-mutual providers may have a larger market share than previously supposed. But participants stress this well-established commercial line is certainly not synonymous with subterfuge
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