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Insurance compensation of $55m for Sea Diamond

07/11/2007 15:15
According to a Louis announcement released on Wednesday, the total compensation of $55 million for cruise ship Sea Diamond has been paid to the owner company.

“The sum had been transferred by the bank that allocated a loan for the purchase and the refurbishment of the ship”, the announcement said.

It is worth noting that in an announcement dated November 2, Louis stated that Sea Diamond sunk due to the erroneous mapping of the region.