Shipping firms face permanent Iran war risk

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Shipping firms face permanent Iran war risk Jun 12, 2026 The Iran war has turned into a permanent operating condition for shipping companies, insurers and cargo owners rather than a temporary disrupti...

Shipping firms face permanent Iran war risk

The Iran war has turned into a permanent operating condition for shipping companies, insurers and cargo owners rather than a temporary disruption, according to Oliver Miloschewsky, head of shipping for Asia at Aon plc, Insurance Asia reported. Insurers continue to assess voyages individually, imposing stricter approvals and war risk conditions as needed, while shipowners are more selective in vessel deployment and charterers demand more flexible contracts and routing.

Source: Nils Wright · www.businessinsurance.com

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