06
Apr
17:37
Lloyd's lists all Russian waters as danger area
The Lloyd's Joint War Committee (JWC) has added all Russia's territorial waters to the listed areas of war, piracy, and terrorism hazards, the marine insurance advisory board says in a statement.
The move obliges all shipowners to notify their insurers of a proposed voyage to the listed area, and gives significant grounds to insurers to deny the cover or negotiate the premiums appropriate to risks costs.
Steel suppliers from Russia are already facing seve…
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Anonymous
Very good overview of the weekly steel market.
Anonymous