you are viewing a single comment's thread
view the rest of the comments
[–] 2 points 8 months ago (2 children)

It’s not just normal insurance cost either. These ships take years to replace. They also have to insure against the multiple years worth of profits and loss of market share.

  • source
  • parent
  • hideshow 2 child comments
  • [–] 5 points 8 months ago

    Exactly. It’s the ship, the goods, the lost earning over many years, severance for staff that won’t be used, etc. It would be mess.

    I also wonder how clean up for a spill would be handled. Currently that’s managed by Iran and the vessel that spilled pays.

  • source
  • parent