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Latest Breaking News On - Bangladesh oceangoing shipowner association - Page 1 : vimarsana.com

Extra security to cost ships $100,000 per trip thru risky sea routes

Enhanced security measures taken for safe voyage through pirate-infested waters is costing Bangladeshi shipping companies around $100,000 extra per trip, which will add to freight charge and eventually pass on to consumers, ship owners have said. Ocean-going ship operators are having to spend the additional amount for obtaining war risk insurance, deploying armed guards and

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