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(From The Standard)
Byline: Keith Wallis
While shipowners and ports have focused on complying with international anti-terror guidelines that come into force from July 1, the maritime industry is facing what could be a much larger challenge from tougher controls on hazardous cargoes.
The warning was sounded by law firm, Lawrence Graham, which said ports and terminals face new liabilities, shipowners will need new insurance and documentation, and that insurers must set up new guarantees.
These include facilities in Hong Kong such as the main container and river trade terminals, plus the petroleum products terminals on Tsing Yi. In addition, …