Shipping & Logistics

Marine insurers drop automatic war coverage, further complicating shipping sector

The development adds another potential cost complication for companies shipping seafood after leading shipping lines suspended routes to and from Russia.

A TV tower in Kyiv, Ukraine comes under Russian shelling on March 1.
A TV tower in Kyiv, Ukraine comes under Russian shelling on March 1.Photo: Ukraine Ministry of Defense
Published 3 March 2022, 09:01Updated 3 March 2022, 16:28
Michael LiebermanFoa & Son CorporationYoung's SeafoodUkraine crisisIcewater Seafoods