23 May 1997

Supplementary and Release Calls (8.053)

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London P&I confirms the supplementary and release call arrangements for Class 8 Freight, Demurrage & Defence. After reviewing the financial position of the class, London P&I states that the call rates for the open policy years will remain unchanged.

The circular also sets out the timing of the supplementary call for 1994/95 and explains the position for 1995/96, 1996/97 and 1997/98.