Iran Oil Tanker Operator Says Ship Insurers Decline to Renew Coverage - Surety Bond Forums

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02-18-2011, 05:18 PM

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Iran Oil Tanker Operator Says Ship Insurers Decline to Renew Coverage

Iran’s biggest crude oil tanker operator, NITC, said on Friday that its club of ship insurers had declined to renew policy cover for the coming year due to the impact of tightening sanctions in the European Union. Western nations suspect …

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