Rubymar sinking highlights shipping risks, supports tanker and insurance rates

Capt. John

Heightened maritime risks in Middle Eastern waters underscored by the sinking of general cargo ship Rubymar could offer support to tanker rates and insurance premiums, according to market participants, even though no immediate price hikes were observed. Nearly two weeks after being severely damaged...

https://www.spglobal.com/platts/en/market-insights/latest-news/shipping/030424-rubymar-sinking-highlights-shipping-risks-supports-tanker-and-insurance-rates

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