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Tag: Crude Oil Tankers


Activity, Insurance

Insurance for Middle East Oil Shipments Soars to More Than $500,000

June 25, 2019

Via: Insurance Journal

The cost of insuring Middle East oil shipments is soaring as tensions mount in a region responsible for about a third of all seaborne petroleum. So-called war risk premiums for a standard oil cargo from the Persian Gulf and the […]


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 […]