#MaritimeInsurance #StraitOfHormuz #WarRisk
ca.finance.yahoo.com
Analysis-Maritime insurance premiums surge as Iran conflict widens
March 6 (Reuters) - As the conflict in the Gulf widens, maritime insurance premiums for war coverage are surging -- in some cases by more than 1000% -- dramatically driving up the cost of moving energy through a critical maritime corridor.
#Shipping #WarRisk #IranConflict
www.yahoo.com
Iran conflict disrupts global shipping as tankers are stranded, damaged
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By Jonathan Saul, Emily Chow and Jeslyn Lerh
LONDON/SINGAPORE, March 2 (Reuters) - Insurance companies are cancelling war risk coverage for vessels in the Middle East Gulf as the widening Iran conflict disrupts shipping, leaving tankers damaged or stranded and at least two people dead.