Tag: War
Never Better Versus Never Again – How The World Tanker Market Has Been Split By The Ukraine War, And The Warmakers Are Repeating Napoleon’s Mistakes
In the war at sea between the US-NATO alliance and Russia, the Russian shipping company Sovcomflot says its future has never been better. The US State Department directing the sanctions campaign against Russian oil and gas exports says the future for the Russian trade is never again. Both of them are right. The reason for…
“The repercussions of the Ukraine-Russia conflict on the Shipping companies earnings and War risks insurance”
The prolonged war between Ukraine and Russia has notably impacted the shipping industry with substantial disruptions in maritime trade routes, leading to an alteration in shipping patterns and fluctuations in shipping companies’ earnings. Black Sea and its strategic importance The Black Sea is of considerable significance in international trade, serving as a crucial waterway for…
“Navigating Uncertainty: The Importance of Marine War Risks Insurance
The maritime industry is no stranger to risks and uncertainties. From marine accidents due to human error and natural disasters, to geopolitical conflicts, the challenges faced by shipowners, operators, and cargo owners are diverse and complex. One crucial aspect of risk management in this arena is the War Risks insurance policies. As conflicts and tensions…
