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InsuranceLinked Securities Europe

Norgas takes $3.5m hit from piracy protection

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THE cost insurance and other associated expenses for protecting against piracy continue to hit the bottom lines of many shipping firms as petrochemical carrier Norgas confirmed it has spent a significant sum on ensuring its fleet is unharmed.

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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 +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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