oil tanker attacks Archives - Carrier Management

Prices Soaring: Persian Gulf Oil Shipments Cost More than $500,000 to Insure

The cost of insuring Middle East oil shipments is soaring as tensions mount in a region responsible for about a third of all seaborne petroleum. So-called war risk premiums for a standard oil cargo ...

Shipping Insurance Premiums Spike Following Tanker Attacks in Middle East

Insurance costs for ships sailing through the Middle East have increased by at least 10% after attacks on two tankers in the Gulf of Oman on Thursday, with the potential for costs to rise further as ...

Two Oil Tankers Damaged in Suspected Attack Near Persian Gulf

Two oil tankers were damaged on Thursday in a suspected attack near the entrance to the Persian Gulf, stoking fears that high-stakes diplomatic efforts won't avert a military confrontation between ...