Shipping’s Latest Problem: Rising Insurance Costs

Shipping’s Latest Problem: Rising Insurance Costs
Jon Sindreu March 28, 2019

A recent string of fires on cargo vessels will push up premiums for the struggling industry

Cargo vessels have been hit by an expensive string of fires. The beleaguered shipping industry will now have to contend with higher insurance premiums.

The sinking of a Grimaldi Lines-operated container carrier after it caught fire off the coast of France two weeks ago was the fourth big ship fire in the past four months. login to continue....https://www.wsj.com/articles/shippings-latest-problem-rising-insurance-c...