Russell estimates $155mn in losses for Felicity Ace fire
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Russell estimates $155mn in losses for Felicity Ace fire

marine cargo ship hull.jpg

A fire on the Felicity Ace ship off the coast of Portugal’s Azores Islands is expected to generate at least $155mn in losses on Volkswagen, Porsche, Audi and Lamborghini vehicles on board the vessel, according to analysis by Russell.

The...

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