Calls, including Advance Call for 2005/2006 (8.075)

London P&I sets out the agreed call rates for open years in Class 8 Freight, Demurrage & Defence, and announces a 15% increase in the standard advance call for the 2005/2006 policy year.

The circular confirms the closure of 2001/2002 without further call, keeps release call and deferred call levels unchanged for recent years, and explains that the increase is intended to protect reserves.