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UK P&I Club and TT Club members approve merger into United Transport Mutual
Members of the UK P&I Club and TT Club have approved a merger that would create United Transport Mutual Limited (UTM), a mutual covering shipping, logistics, ports and terminals.
Members of the UK P&I Club and TT Club approved a merger of the two organisations. The votes took place at separate special general meetings on 7 and 8 October, following member consultations that began in September.
The merger is intended to create United Transport Mutual Limited (UTM), described as a transport mutual covering shipping, logistics, ports and terminals.
The merger is scheduled to take effect, but the supplied text does not state the effective date.
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