vessel-security

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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…