Successful renewal for London P&I Club

Marine mutual London P&I Club said that it had completed a successful renewals season, with total gross tonnage covered rising to 32.9mn. The mutual said that its strategy was based on organic growth of its existing membership. Existing members that expanded their insurance levels during February renewals included Cosco (HK), Zodiac Maritime Agencies, V-Ships, KSS Line of Korea and China-based Dragon Treasure Shipping. New members included Hong Kong-based Ocean Longevity, Greece’s Liquimar Tankers and London-based Rainbow Shipping.