All Risk cargo insurance recommended
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All Risk cargo insurance recommended

Trade Lanes • March 5, 2024 • By Arwen Olsen Logistics Team

Even if the Houthi rebels have attacked ships at the mouth of the Red Sea since October 2023, in what they say is a show of solidarity with Palestinians by targeting vessels linked to Israel, many of the attacked ships did not have any apparent ties to the Jewish state.

Recently, due to the present conflict in the Red Sea, some container vessels are shutting down their transponders in order to safely pass the Suez Canal with no incidents and also to shorten the maritime transit time with more than 2 weeks from China to Black Sea.

Consequently, in consideration of the frequent maritime accidents, we highly recommend all the importers from China to Romania to purchase All Risk Insurance including War Risk Insurance to cover your shipment in transportation, regardless of the booked Carrier/service.

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