Terrorism Concerns Contributing to Higher Shipping Insurance Rates – Brian Ladin Explains
The Startup Magazine
AUGUST 29, 2019
For instance, a rise in shipping costs in China would effectively put a strain on more than $539 billion worth of goods imported into the U.S On June 13, two oil tankers that were traveling in the Gulf of Oman, which connects the Arabian Sea and the Strait of Hormuz, underwent an attack that caused the vessels to burst into flames.
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