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03 December 2008 The on-line newspaper devoted to the world of transports 06:13 GMT+1



August 21, 2001

Sri Lanka offers $50m security on port

By Nirupama Subramanian

COLOMBO, AUG. 20. Insurance companies are considering a sharp reduction in the high `war risk' surcharge imposed on shipping lines operating to Sri Lanka after a Government offer of a $50m guarantee on the Colombo port, press reports here said.

The state-run Daily News said the entire surcharge would be removed within two weeks following ......
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