Dan Negron, vice president of TT Club (Americas) warned that inadequate, or even non-existent, insurance cover will leave port operators vulnerable to liability in the event of a terrorist attack.

American officials believe terrorists are aiming not only to cause death and destruction within the US, but also to cripple the country economically by targeting its trade; a terrorist incident at a major port would produce evastating consequences to our economy. If such an event were to occur, government officials have indicated its response might be to shut down trade.

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