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Shipowners Fight Insurers For $41.5M Over Detained Vessel

By Bonnie Eslinger (November 13, 2019, 6:41 PM GMT) -- The owners of a Libyan cargo ship seeking $41.5 million for a vessel that was seized and fraudulently detained by Bulgarian authorities disputed its insurer's claim that the Balkan nation's actions were simply "court processes" and not an "insured peril."...

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