The costs of shipping insurance in the Middle East jumps

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A large commercial ship from the coast in Bushehr, Iran, floats on January 15, 2025. Bushehr is the first sea port in Iran.

Prince AFP | Gety pictures

Israel and Iran Edge conflict It has greatly paid the cost of insurance for ships sailing across the Red Sea and the Persian Gulf.

Marine insurance companies now receive 0.2 % of the ship’s value for trips to the Gulf, according to data from the largest insurance broker in the world, McCleinan, an increase of 0.125 % before Israel Sudden attack On Iran last week.

Marsh said, while the cover -related cover in Israel has doubled to 0.7 %.

Marsh said 48 hours ago 48 hours before the time when time quotes are cut off to 24 hours from most leaders, it decreased from 48 hours.

The stampede reflects the reassessment of the costs of shipping to the deteriorating security environment in the Middle East, as Israel and Iran continue to exchange fresh air attacks in recent days.

The struggle between the two forces has increased from the wider conflict concerns, as many closely monitor The possibility of American intervention.

“Given that the situation is currently inside the region, the risks are still placed to enable the goods to flow through these areas,” said Marcus Baker, the global head of goods and logistical services in Marsh.

Some ship owners recently chose to stay away from Important strategic Hermoz straight, which reaffirms a feeling Industry interruption Amid conflict.

Jacob Larsen, head of security at Bimco, who represents global ship owners, said earlier this week that the escalating conflict was causing concerns in the ship owner community and pushing a “modest decrease” in the number of ships sailing in the region.

The Hormuz Strait is located between Iran and Oman, and it is a narrow waterway linking the Persian Gulf to the Arabian Sea. that it Recognized As one of the most important points of oil choices in the world.

The inability of the oil to pass the hormonal strait, even temporarily, can lead to an increase in global energy prices, the increase in shipping costs and the creation of a significant delay in the supply.



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