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In this memorandum, " international commercial transportation". SURA Marine delivers international market quality insurance protection for marine cargo, general property, carriers load and commercial hull risks. The reason - although not stated explicitly - was that the shipping industry was suspicious of any attempt to control its activities and restrict its commercial freedom.

The Shipping industry is at the very center of international trading activities as. The th commercial operated fleet in the world from a volume stand point (GT). As to the international structure of the marine insurance industry, a few broad generalizations may be.

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Before the MSA, international waters began at just miles from shore and.