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P. & I. Club’s estimate of member’s cargo claim liability held to be excessive - Whether member entitled to damages for having to pay higher renewal calls

The claimant shipowners brought arbitration proceedings against the P. & I. Club in which they were entered, contending that the Club had maintained excessively large estimates in respect of cargo damage claims, and that as a result the owners had had to pay bigger calls for succeeding years than they should have done.