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A lot.
(lemm.ee)
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this post was submitted on 26 Mar 2024
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Ship insurance is somewhat how modern capitalist world trade came into existence: https://en.wikipedia.org/wiki/Dutch_East_India_Company?wprov=sfla1
Bunch of people putting money together for ship to have a try going and returning with lots of goodies, is like an insurance I'm some way.
I think insurance isn't just possible, it's obligated to be allowed to enter certain ports with certain shipsizes.