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Strait of Hormuz crisis Insurance Law

Hormuz contract disputes shaping up as huge issue for shipping and marine insurance

  • Flashpoints include on-hire/off-hire status, demurrage and detention and responsibility for war risk premiums
  • Payments of Iranian tolls may have breached sanctions
  • Validity of Baltic Exchange indices questioned

  • News

Impact ‘potentially colossal’ as shipowners, charterers and underwriters jockey for their widely differing commercial interests to prevail

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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