Port News & Information Mediterranean, Black & Caspian Seas

Update: Israel to cover ships’ war damages

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Ashdod, Israel (PortSEurope) October 29, 2023 – The Israel Tax Authority (ITA) said that compensation would be awarded for “war damage” caused to any Israeli or foreign ship in Israel’s exclusive economic zone. War risk insurance premiums have been increased up to 10 times for ships calling at Israeli ports since October 7. “War damage…

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