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Member, Beacon International Group, Ltd.
A new route has been developed for shippers sailing through the Great Barrier Reef and they are likely to stick to this route to make sure that they do not void their insurance policies, The Cairns Post reported.
The route – developed by the Australian government and the International Maritime Organisation – is aimed at helping ships avoid collisions and groundings. A marine executive said shippers' insurance would "possibly be voided" if they strayed outside the recommended lanes.