International Group rejects Turkey's new maritime insurance rules
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International Group rejects Turkey's new maritime insurance rules

Aisling Finn
07 December 2022
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The International Group has rejected new Turkish insurance rules requiring ships travelling through the Turkish Straits to prove they have valid protection and indemnity (P&I) coverage.

The new Turkish insurance rule, which came into effect on 2 December, is in response to new EU sanctions that ban vessels transporting Russian crude oil from receiving coverage from European marine insurers unless the oil is sold for...

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