Gard success

In the past 12 months, Gard's mutual tonnage has risen to a total of 284 million gt, with 7 million gt added. 99.4 per cent of the existing tonnage renewed with Gard, reflecting the long-term commitment of the club's membership. "It has been a very positive and stable renewal, and we are grateful for the clear vote of confidence," said Gard CEO, Rolf Thore Roppestad. Gard's chief underwriting officer, Bjørnar Andresen, added: "One of the highlights this season was the large share of newbuilds - more than 10 million gt - committed by renewing members and to be delivered in the coming months".