DGS Marine's premiums up 19% following completion of P&I renewals

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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."

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