VOL. XXXVII
NO. 37
13-JUNE-1994
War Insurance
War Risk Insurance Premium Applied To Bab al-Mandab Transit
MEES understands that war risk insurance underwriters notified marineinsurance customers on 1 June that transit passage through the internationalwaterway of Bab al-Mandab will be included in the list of "war riskexcluded areas" and that such passage will be subject to an additionalpremium of 0.1% of the value of the hull and cargo of a ship effective 7 June.This new premium will apply to all...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!