Following last week's meeting the London P&I Club Committee confirmed that all release calls are to be maintained in line with original estimates.

In the Protection and Indemnity Class, the supplementary and release calls for 1999/2000 and 2000/2001 are unchanged.

For 2001/2002, a supplementary call of 40% will be levied in July this year, at which time the release call will be reduced from 60% to 20%.

The initial supplementary call estimate for 2002/2003 has been confirmed at 40% and the release call at 60%, as advised to members in December last year.

In the FD&D Class the supplementary and release calls for 1999/2000 and 2000/2001 are also unchanged.

For 2001/2002, the supplementary call will be levied in July this year, at which time the release call will be reduced from 50% to 20%.

The supplementary call estimate for 2002/2003 remains at 30%, with the release call continuing at 50%.

The club said the ability to maintain calls in line with original estimates at this difficult time for P&I clubs emphasised the continuing financial stability of the London Club.

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