DGS Marine's premiums up 19% following completion of P&I renewalsReprints
Global protection and indemnity management provider DGS Marine recorded a 19% increase in premiums after the completion of P&I renewals on Feb. 20 2014, Tanker Operator reported.
DGS Marine is the exclusive manager for the British European and Overseas P&I facility.
David Skinner, managing director at BE&O P&I group, said "the fixed premium market continues to grow rapidly."
Mr. Skinner added "smaller owners need to de-risk their operations as much as possible."