$500mn of new cargo capacity dwarfs $300mn lost in remediation: Miller
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$500mn of new cargo capacity dwarfs $300mn lost in remediation: Miller

Miller logo marine cargo.jpg

Miller has pegged the new capacity to have entered the cargo market as $500mn, far exceeding the $300mn of capacity withdrawn through the recent remediation drive in the market.

However, the broker said new entrants were “holding their nerve” on pricing, and that clients should not expect their insurance bills to be “slashed” in the near term.

After

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