Despite ending today, the lingering costs of the International Longshoremen’s Association (ILA) strike could leave uninsured US east and Gulf coast shippers with a hefty bill – and even those with cover could be caught out by unforeseen risks.
Patrizia Kern, chief insurance officer at embedded insurance platform Breeze, told The Loadstar the effect on insurance claims would “largely depend on the length and scale of the strike”.
Yesterday, the USMX …
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