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28 October 2020 The on-line newspaper devoted to the world of transports 14:42 GMT+1

February 27, 2003

Ship-owners seek govt nod to take foreign cover

Exim India

The shipping industry has sought the permission of the Union government to buy insurance cover from foreign companies. Ship-owners are currently only allowed to take protection and indemnity risk cover from overseas insurers.

The industry wants this cover to be expanded to cover the risk of terrorism as well as hull and machinery insurance.

The ......
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