PERSPECTA

News from every angle

← Back to headlines

Maritime insurers cancel war risk cover in Gulf as Iran conflict disrupts shipping

Strait of Hormuz is effectively closed and vessels rerouted, sending some freight costs surging Leading maritime insurers have cancelled war risk cover for vessels operating in the Gulf as the…

2 Mar, 17:37 — 2 Mar, 17:37
PostShare

Sources

Showing 1 of 2 sources
The GuardianMostly Factual146d ago

Maritime insurers cancel war risk cover in Gulf as Iran conflict disrupts shipping

Strait of Hormuz is effectively closed and vessels rerouted, sending some freight costs surging Leading maritime insurers have cancelled war risk cover for vessels operating in the Gulf as the escalating Iran conflict disrupted shipping and sent some freight costs surging. At least 150 vessels including oil and liquefied natural gas tankers have dropped anchor in the strait of Hormuz and surrounding waters. Continue reading...

By Julia Kollewe

Read full article →

Coverage Timeline

First report: The Guardian · 2 Mar, 17:37Full coverage: 2 · 2hWindow: 2h
Left-leaningCenterRight-leaning
The Guardian2 Mar, 17:37First to report

Maritime insurers cancel war risk cover in Gulf as Iran conflict disrupts shipping

2h later
faz2 Mar, 19:32Latest update

Schiffe sitzen fest: Wie der Krieg im Iran die Lieferketten bedroht

Related Stories

Fitch Solutions Forecasts Slowdown in Sub-Saharan Africa's Construction Growth

23m ago

Bernard Arnault Reacts Angrily to Le Monde Investigation into LVMH

26m ago

Seeking Alpha Highlights Top Global Business Stories of the Week

28m ago

Iran's Economic Outlook Amid Expanding US Conflict and Maritime Risks

35m ago