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Data shows five clubs lost tonnage at renewal round

Gard emerges as ‘market powerhouse’ with 246m gt on its books with several other International Group affiliates also seeing net gains, according to Marsh JLT marine head Mark Cracknell

‘Overall tone of nearly half of the commentary published by clubs this year was less upbeat than in previous years, raising the possibility the market is now, or will soon be, bifurcated,’ says P&I specialist

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