According to MANA, as of the annual renewals deadline, set by tradition at noon GMT on February 20, Skuld’s mutual P&I tonnage stood at 88.5m gt.
The development marks another strong performance from the club, which picked up 10% on the same yardstick last time round.
The International Group affiliate continued to grow its global offshore business and also saw growth on bluewater contracts in the Nordic countries, continental Europe and Asia, mainly through winning new business.
Chief executive Ståle Hansen attributed the outcome to the club’s service offering and is convinced this is due to the company's service commitment, as well as its policy of seeking sustainable organic growth.
This year marks the 120th anniversary of Skuld’s foundation, he added.