Bangladesh Shipowner Looking at $22 Million Insurance Payout for Shit Hit in Ukraine

Capt. John

By Ruma Paul and Jonathan Saul DHAKA, Feb 28 (Reuters) – Insurers are about to pay state-owned Bangladesh Shipping Corporation (BSC) $22.48 million for its vessel that was hit by a missile during fighting in Ukraine, two officials involved said on Tuesday.  The expected settlement is one of the first shipping claims to have been paid out since Russia invaded Ukraine on Feb. 24 last year, in a conflict that has added tens of thousands of dollars to risk premiums for every voyage. An explosion on...

https://gcaptain.com/bangladesh-shipowner-looking-at-22-million-insurance-payout-for-shit-hit-in-ukraine/

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