Several shippers in the Phillipines operating without insurance: Industry Association

10/29/2018 5:57:00 AM

Source: Business Insurance

Philippine maritime industry association United Filipino Seafarers said that several local shippers have yet to buy insurance despite regulations and increasing accidents, Manila Bulletin reported. Nelson Ramirez, the association’s president, called on the country’s maritime regulator to check if domestic shippers comply with its circular directing all ship operators and owners to cover legal liabilities for maritime accidents.