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Insurance secured for decaying Yemen tanker before oil transfer

Insurance cover has been finalised for a decaying tanker moored off Yemen's coast as part of the preparations for a complex oil transfer from the ship, people involved said on Monday.

Ship insurers seek more assurances on Ukraine grain corridor

Insurers will only be willing to cover ships sailing through a proposed corridor to get Ukrainian grain out if there are arrangements for international navy escorts and a clear strategy to deal with sea mines, underwriters and brokers say.

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