Indian insurer will provide liability cover for tankers carrying Iranian crude
State-owned Indian insurer General Insurance Corp of India will step forward to provide third-party liability cover of up to $50m for ships bringing Iranian crude oil from Iran, according to reports.
Sunil Thapar, a director at the state-run Shipping Corp of India, told Indian news site Livemint that GIC communicated with Indian ship owners last week and offered to provide liability cover of up to
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