Skuld gross tonnage up 10%

Norwegian P&I club Skuld announced a net increase of 10
percent protection and indemnity (P&I) gross tonnage after the
mutual P&I renewals last week (20 February).
Skuld confirmed the signing of an additional 9 million gross
tonnes. It attributed the increase to its growing global offshore
business and moderate growth on blue water contracts in the
Nordics, Europe and Asia.
The club said it expected its combined ratio for 2015-2016 to be
an improvement on the proceeding three years.