Tag: shipping risks
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Strait of Hormuz reopening won’t end shipping risks
A proposed US-Iran deal to reopen the Strait of Hormuz is raising hopes for global shipping and oil markets. But mines, high insurance costs and geopolitical risks mean disruption could persist for months.
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Shipping risks on the rise due to wars and trade crises
Wars and crises are making seafaring increasingly dangerous. While global trade and supply chains suffer, shipping companies and seafarers bear the greatest burden.
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