alt Hacker NewsThe rub is the insurance for the tankers. The providers are looking at the risk and saying “hard pass.” Unless the US govt wants to get in the tanker insurance business they are stuck.
The rub is the insurance for the tankers. The providers are looking at the risk and saying “hard pass.” Unless the US govt wants to get in the tanker insurance business they are stuck.
The US government is already in the shipping insurance business. That hasn't helped. War risk insurance is also still available from other carriers.
https://www.insurancebusinessmag.com/us/news/breaking-news/w...