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Comment by SanjayMehta

14 hours ago

So existing legacy monopolies are real and all newcomers are fake. Got it.

1 comment

SanjayMehta

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ceejayoz  2 hours ago

Nah. The smaller new ones reinsure via folks like Lloyds. It’s quite complex.

The company in this article could have done that, but they forged documents to avoid it. They had no intention of covering accidents - it was just plain fake to get these ships into ports.

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