(EnergyAsia, August 24) — Interntanko, the association of oil tanker owners, has welcomed the decision by the Joint War Committee (JWC) of the London hull insurance sector to take the Malacca Straits off the list of areas where additional insurance premia are levied. The bulk of East Asia’s oil supply is delivered by tankers through…
TANKERS: Association welcomes insurers’ decision to abolish war risk premium for Malacca Straits
Posted on August 24, 2006 by EnergyAsia