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Competition and the churn effect keep clubs keen

  • News

The "churn effect" - when new vessels are built to replace older ones and, as a result, command lower premiums - has had a dramatic effect on the mutual clubs in recent years.

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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