Shipowners brace for big hike in insurance costs

Capt. John

Shipping, facing the rare prospect of solid returns for 2022, will see its bottom line take a hit as insurers come in demanding far higher rates. The shipping industry has been spooked by twin announcements this week from two British P&I Clubs, giving a strong hint that insurance costs are set to...

https://splash247.com/shipowners-brace-for-big-hike-in-insurance-costs/

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