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Ship’s insurance limited

Posted by Mai on June 29th, 2008
Ship’s insurance limited

By Gil C. Cabacungan Jr., Michelle Remo
Philippine Daily Inquirer
First Posted 01:18:00 06/29/2008

THE GOVERNMENT DOES NOT HAVE MUCH CHOICE BUT to take over the salvage operations for the sunken MV Princess of the Stars because the vessel’s insurance coverage is limited to passengers and cargo and does not extend to ship damage, Sen. Manuel Roxas said.

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