Global insurer Aon, which launched a new bunker fuel insurance product last week, has said the product was developed to meet the expected market volatility emanating from IMO2020.
Aon CommentsRecognising that buyers lit carying amounts of fuel, the product is designed to be “as flexible as possible,” the company told Ship & Bunker,
“This includes the low volume entry point and flexible term plus the ability to pay premium through monthly instalments,” they added.
Since “the cost of fuel has...
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