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Class 1 Exam Q&A : 2023/NOV/09

Question

Q9) a) What are P&I clubs? Describe how P&I clubs collect fund from ship-owners. (5)

b) What are the risks that are covered under the term "protection" and "indemnity"? (5)

c) What is the minimum a ship owner/shipping company has to do for its ship to get averages under P&I club? (6)

Asked in Year/Month/Ques No.

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