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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