CARGO INSURANCE 2008 - Boom in ships and ocean trade increases risk for underwriters

By: | at 08:00 PM | Channel(s): International Trade  

With the recent boom in shipbuilding and global ocean trade comes an increase in risk for underwriters. However the increased risk associated with more high value ships and higher value cargos doesn’t always translate into larger premiums.

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George Lauriat's avatar

American Journal of Transportation