Big matters

The Shipowners’ Club, which serves owners of small and specialist ships, reports that even small vessels are getting larger to cope with the demands of their individual markets.The Club’s underwriting director, Ian Edwards, has outlined more detail of the trend and explained how the Club has responded to members’ needs. Some 20 years ago 12,655 of these vessels were covered by the Club and had an average size of 297GT. In the intervening period numbers have increased nearly threefold and the average size of an entered vessel has more than doubled to 672GT.