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Friday, 9 October 2015

Relief for shipping Cos as Indian coast is piracy-free

By Ajai Shukla Business Standard, 10th Oct 15 From December 1, there will be relief for ship-owners who have been paying exorbitant “war-risk” insurance premiums for ships transiting across the piracy-prone Arabian Sea. Now, in an acknowledgement of the success of the Indian Navy and coast guard in checking piracy along the Indian coastline, it will no longer be designated a “High

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