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New Regulation on Procedures for the Salvaging of Shipwrecked Cargo Introduced

The Minister of Marine Affairs and Fisheries (“ Minister ”) has issued Regulation No. 20 of 2023 on Procedures for the Handling, Recording, Documentation and Utilization of Shipwrecked Cargo (“ Regulation 20/2023 ”), which is an implementing regulation to Regulation of the President No. 8 of 2023 on the Management of Salvaged Cargo (“ Regulation 8/2023 ”). [1]

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