VOL. XLVI

No 5

3-February-2003

OIL PRICES

Additional Gulf Insurance Premiums For Tankers Reflect War Fears

While insurance premiums for cargoes of crude oil remain constant around the world, those for hulls of ships operating in the northern Gulf are subject to incremental additions, MEES learns from industry sources. At present, oil tankers operating into ports in the southern part of the Gulf Oman, UAE, Qatar and Bahrain are not subject to additional premiums (APs) for hull cover. But further...