Israeli tankers exposed to high insurance rates, less competitive in spot trade

Capt. John

The Houthis’ capture of an automobile carrier near Yemen will push up marine insurance premiums in the Middle East especially for Israel-linked tankers, which might need to offer discounts for spot voyages to stay competitive, industry participants said. Galaxy Leader, which has a carrying capacity...

https://www.spglobal.com/platts/en/market-insights/latest-news/oil/112123-israeli-tankers-exposed-to-high-insurance-rates-less-competitive-in-spot-trade

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