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Wreck removal is becoming a marine insurance wild card

“In some jurisdictions, you may restrict for wreck elimination claims,” mentioned Craney. In different phrases, worldwide placement methods, wordings and expectations in-built London, Singapore or Hong Kong could not map cleanly onto Australian exposures, significantly the place ports and coastal authorities transfer rapidly to guard navigation and the atmosphere. Source link

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“In some jurisdictions, you may restrict for wreck elimination claims,” mentioned Craney. In different phrases, worldwide placement methods, wordings and expectations in-built London, Singapore or Hong Kong could not map cleanly onto Australian exposures, significantly the place ports and coastal authorities transfer rapidly to guard navigation and the atmosphere.



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