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International Insurance Regulation

Shipowners look to force majeure as BI cover fails against coronavirus

China and India are issuing force majeure certificates for the purpose of ‘shielding’ companies in the maritime sector from legal damages resulting from the pandemic

  • Analysis

Inconsistent coronavirus-related port and border closures or entry restrictions have led to goods being rerouted via ports different from those initially scheduled, creating extra costs — for example in demurrage, storage, handling and transport

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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