Solas introduction to affect cargo insurance
The international Safety of Life at Sea (Solas) regulations due
to come into force this week (1 July) will likely disrupt the cargo
insurance sector in the short term despite the perceived long-term
benefits.
According to the International Union of Marine Insurance's
political chair Helle Hammer, the change to the regulations that
govern the mandatory container weight verification requirements on
vessels will create disruption as companies acclimatise, with terms
and conditions likely to be affe
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