Article #253011
The Guardian - World News
| Title | Maritime insurers cancel war risk cover in Gulf as Iran conflict disrupts shipping | Source | The Guardian - World News |
| Description |
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, and at least three tankers were damaged and one seafarer killed over the weekend. Continue reading... |
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| Link | https://www.theguardian.com/business/2026/mar/02/maritime-insurers-war-risk-cover-gulf-iran-shipping-strait-of-hormuz | Published At | 2026-03-02 13:31:51 (2 weeks ago) |
| Created At | 2026-03-02 12:48:29 | Updated At | 2026-03-02 15:10:42 |