C-Suite: Shipowners benefit from lower rates in economic choppy waters
How have marine insurers responded to the financial challenges facing the shipping industry? Positively, is the short answer; part of this positive response has been deliberate, part has been fortuitous.
Shipowners have been confronted by an unpromising economic landscape. Dry bulk freights are at secular lows and although the tanker trades are in better shape, liner services are at best breaking even
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