As risks rise, soaring seafood shipping insurance costs climb to 'new normal' level

Insurance prices surged along with shipping rates when the deadly threat posed by coronavirus became clear as a tidal wave of unknowns spooked insurance policy underwriters.

Accidents happen. That's why risk-averse insurers have rates on seafood shippers. — Accidents happen. That's why risk-averse insurers have rates on seafood shippers.Foto: MAIB

John Evans

Published 16 August 2021, 06:20Updated 1 November 2021, 14:38

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