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India Expands Russian Insurer Access for Ships
20 Apr
Summary
- India increased the number of approved Russian insurers.
- Eleven Russian insurers can now provide marine cover.
- This expansion impacts ships docking at Indian ports.
India has significantly expanded the number of Russian insurance providers authorized to offer marine cover for vessels calling at its ports. The Directorate General of Shipping announced that the approved list has grown from eight to eleven Russian insurers.
This move is expected to provide more marine insurance options for ships utilizing Indian ports. The expansion reflects ongoing international maritime trade dynamics and India's role in facilitating such services.
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