Japan insurers to raise policy costs by 80% on ships carrying LNG in Russian waters -Nikkei
TOKYO, Jan 23 (Reuters) - Japanese insurers plan to raise insurance policy costs for ships carrying liquefied natural gas (LNG) in Russian waters by about 80% from Wednesday, the Nikkei business daily reported.
Tokio Marine & Nichido Fire Insurance, Sompo Japan Insurance and Mitsui Sumitomo Insurance Co are likely increase insurance policy costs for damages caused to vessels to more than 20 million yen ($154,356.72) from the current roughly 12 million yen, the report said on Monday. ($1 = 129.5700 yen) (Reporting by Tokyo Newsroom Editing by Chang-Ran Kim)
|
Advertisement: The National Gas Company of Trinidad and Tobago Limited (NGC) NGC’s HSSE strategy is reflective and supportive of the organisational vision to become a leader in the global energy business. |
