Daejin Lee of Fertmax says that the cost of war insurance coverage for ships in the Gulf region is at "unprecedented levels" ...
Disruption to the Strait of Hormuz has tightened global vessel supply, lifting freight and energy costs across the iron ore ...
War-risk premiums for marine insurance surge as shipping disruptions escalate in the Strait of Hormuz due to ongoing ...
The ongoing conflict in West Asia is pushing up war-risk insurance premiums for ships travelling through major maritime routes such as the Strait of Hormuz and the Red Sea.
The government is reportedly preparing to announce insurance support measures to help exporters cope with soaring war-risk premiums triggered by escal ...
India to provide insurance support for exporters amid rising war risk premiums and increasing logistics costs.
The ongoing disruption in the Strait of Hormuz is beginning to weigh heavily on India’s real estate sector, with soaring ...
While the rates are high, it’s also a sign that cover remains available for the handful of vessels looking to cross the vital waterway.
The Indian government has introduced the ₹497 crore RELIEF scheme to mitigate the impact of the West Asia conflict on the country’s export sector. Acting through the ECGC, the package provides ...
As tensions continue in the Middle East, the impact is now spreading beyond land and into global shipping lanes, with the ...
India's shipping regulator warns against predatory freight pricing as the West Asia crisis spikes costs, while the government ...
The Government launches RELIEF under the Export Promotion Mission to support Indian exporters with risk coverage, reimbursements, and monitoring amid West Asia maritime disruptions.
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