Insurance claims on the rise with box ships forced to brave Cape weather
There has been a prolific rise in weather-related cargo loss and insurance claims since carriers ...
Source: NOAA
By Alex Lennane
Freight shipments could be delayed on the US east coast this week, which is expecting a major hurricane to hit. Hurricane Florence should hit the Carolinas on Thursday, causing rough seas and strong rip currents, along with a potentially “disastrous” level of flooding. The navy said all ships in coastal Virginia were preparing to leave port for open seas. In addition, Hurricane Isaac is destined for the Caribbean later this week, while Hurricane Olivia is forecast to approach Hawaii as a tropical storm.
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