Topic
shipping-insurance
2 stories related to this topic, newest first.
indiatoday.intoday.inworld66 days ago
War Risk Premiums for Ships in Gulf of Oman Surge Over 1,000% Since March
War risk premiums for insuring ships in the Gulf of Oman have increased more than 1,000% since March, rising from negligible amounts to 5-10% of a ship's entire value per trip. This surge corresponds to elevated perceived risks for vessels in the area. @MarioNawfal reported these…
MA
apnews.comfinance87 days ago
No New Insurance Requests for Ships in Gulf Amid Strait of Hormuz Transit Concerns
Industry sources report no new requests for ship insurance in the Gulf, according to CNBC. Most tanker owners have not committed to transiting the Strait of Hormuz. They cite unresolved safety concerns and uncertainty over Iranian permissions and tolls as reasons for holding back…
DE