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1. If the cargo under consideration has faced a political glitch in a trade transit point how effective is the "Political Risk Cover" taken by the freight forwarder through an insurance provider.2. With an assumption that the INCOTERM for the trade under consideration is FOB does the importer hold the authority to proceed the above issue to the pre-defined "Court of Arbitration" and how effective is this.3. I am recently preparing a report on "Freight Price Risk Hedging" using " Freight price OTC forward derivatives" in specific exchanges (eg: Nordic Exchange), I would appreciate any inputs on this topic focusing on the use of this freight price risk tool globally, benefits and drawbacks of the same.
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