Tag: War Risk insurance

  • MSC, Maersk, and Hapag-Lloyd Also Implement War Risk Surcharges for Persian Gulf

    July 04: MSC Mediterranean Shipping Company has announced it will institute a war risk surcharge for all cargoes moving to and from the Arabian Gulf. The move follows CMA CGM […]

  • CMA CGM Introduces War Risk Surcharge in Middle East

    July 02: Due to the recent incidents in the Strait of Hormuz and amid significantly increasing insurance costs in the Middle East region, French container transportation and shipping company CMA […]

  • Indian ports piracy boost

    Welcome news for shipping companies. Ships get relief from piracy insurance premium at Indian┬áports Ships entering or leaving Indian ports need not pay additional war risk premium (ARWP) any more, […]