Marine insurance costs increase amidst Israel-Iran conflict
As a result of the Israel-Iran conflict marine insurers are now charging 0.2% of the value of a ship for journeys into the Gulf, according to data from insurance broker Marsh McLennan.
As a result of the attack, the cost of insurance for ships sailing through the Red Sea and Persian Gulf has increased from 0.125% prior to the conflict to 0.2%, Marsh’s data has shown.
There has also
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