23 Hrs
Source:
اقتصاد سكاي نيوز عربية
Qatar: Rising insurance for tankers at Bab el-Mandeb
The rising costs of maritime insurance in the Bab al-Mandeb Strait are particularly affecting certain tankers and not all ships, according to Amr Qatwa, the director of Zenith Enterprise. Sources mentioned that insurance premiums are increasing due to the escalating risks in the region, which may impose additional costs on shipping companies and impact maritime trade in this vital route. No specific figures or detailed reasons were provided, but the focus is on the rise in costs and its impact on maritime transportation operations.
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