Tag: Joint War Committee

Capital and Risk, Insurance

Lloyd’s Adds Guyana to Risky Shipping List Amid Escalating Dispute With Venezuela

December 19, 2023

Via: Insurance Journal

One of the world’s most-influential insurance markets added Guyana to its list of the riskiest shipping zones amid an escalating territorial dispute with neighboring Venezuela. The decision announced by Lloyd’s Market Association’s Joint War Committee on Monday applies only to […]

Activity, Insurance

Insurance Rates for Crude Oil Tankers to Jump After Gulf Attacks

June 14, 2019

Via: Insurance Journal

Oil tanker owners are turning increasingly nervous about loading cargoes from the world’s largest export region for crude after the latest round of attacks on vessels. Both owners and the companies that charter their ships paused bookings on Thursday as […]