Insurer of Azerbaijan Caspian Shipping’s civil liability named

Baku. 18 January. REPORT.AZ/ PASHA Insurance OJSC won the open bid held by Azerbaijan Caspian Shipping CJSC for purchase of insurance services. Report was informed in the Company.

According to information, the bid was announced on December 5 for “Ship owners’ liability insurance”, aiming to purchase insurance services for ship owners’ third party liability.

3 of 4 parties, who confirmed their participation, made their offers. PASHA Insurance was announced a winner on January 10.

However, Azerbaijan Caspian Shipping hasn’t revealed number of ships covered in agreement, value of insurance compensation and insurance guaranty.