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News / Shippers hit by soaring insurance costs for cargo crossing the Persian Gulf

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CMA CGM, is to implement a war-risk surcharge (WRS) for cargo to and from ports in the Persian Gulf, as insurance underwriters hike premiums for ships transiting this ‘tinderbox’ region.

Since the attack on two tankers on 13 June, the fifth and sixth in a month ...

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  • rob

    July 03, 2019 at 3:27 pm

    MSC also applied WRS for the same region

    regards

    • Mike Wackett

      July 03, 2019 at 4:12 pm

      Thanks Rob. MSC was one of the other carriers I was referring in my story yesterday. I am sure that others will follow.

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