The maritime industry, a global network of trade and transportation, relies heavily on the security and predictability provided by robust ship insurance. This intricate world of coverage extends far beyond simply protecting vessels; it safeguards cargo, crew, and the financial stability of shipping companies facing the unpredictable nature of the open ocean and the complexities of international trade. Understanding the nuances of ship insurance is crucial for anyone involved in this dynamic sector. From the various types of policies available, such as Hull and Machinery, Protection and Indemnity (P&I), Cargo, and Freight insurance, to the factors influencing premium costs Read More …