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A Plea for a Re-Adjustment of Marine Insurance Rates on the St. Lawrence (Classic Reprint) - Softcover
Synopsis
Lower insurance costs meet a modern, upgraded St. Lawrence route.
This concise paper argues that Canada’s major waterway has undergone extensive improvements since 1900, creating a practical case for reducing marine insurance rates. It outlines how new navigation aids, deeper channels, larger ships, and a planned floating dry dock support safer, more reliable trade through Canadian ports.
The document details a decade of investment in navigation, from new lighthouses and lightships to modern fog signals, quays, and telecommunication networks. It connects these improvements to expected relief in hull and cargo insurance costs for ships calling at Canadian ports, while highlighting persistent market factors that keep premiums high for certain routes.What you’ll find inside:
- A survey of major modernization efforts on land, in the channel, and at sea, including costs and capabilities.
- An argument that improved navigation should translate into lower insurance rates for hulls and cargoes.
- Discussion of policy terms that restrict outside tonnage and how removing them could help Canadian exports compete.
- Comparisons of insurance burdens before and after the improvements, with emphasis on grain shipments and inland competition.
- Evidence of substantial investments in navigation aids and channel improvements
- Linkage between safer, more efficient routes and insurance rate justification
- Discussion of policy clauses affecting trade with Canada and potential reforms
- Context on how these changes affect grain shipments and competition with American ports
If you’re curious about how infrastructure, policy, and markets interact in maritime trade, this edition offers helpful, grounded insight.
Ideal for readers of policy history, maritime economics, and Canadian commerce.
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A Plea for a Re-Adjustment of Marine Insurance Rates on the St. Lawrence
Print on DemandSeller: Forgotten Books, London, United Kingdom
Seller rating 5 out of 5 stars
Paperback. Condition: New. Print on Demand. This book discusses the history of insurance rates on ships traveling the St. Lawrence River. The author argues that these rates should be lowered because the river is now much safer to navigate than it was in the past. The author provides a detailed history of the improvements that have been made to the river, including the installation of new lighthouses, buoys, and other aids to navigation. The author also discusses the changes that have been made to the insurance industry over the years, and argues that these changes have made it possible to lower insurance rates without increasing the risk to insurance companies. The book concludes by arguing that lowering insurance rates would benefit both shipowners and the Canadian economy as a whole. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781390294668_0
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