gulf gridlock
DP World rolls out war-risk insurance for Iran-blocked cargo
Policies, which cover shipping, air freight and trucking routes, also apply to Red Sea, which has periodically been blocked by Yemen’s Houthi rebels
Chris Ratcliffe/Bloomberg via Getty Images
Shipping cranes stand on the dockside at London Gateway port, operated by DP World
Add The Circuit on GoogleDP World, the Dubai-owned port operator that handles 10% of all global container traffic, is introducing a war-risk insurance plan aimed at companies suffering cargo losses connected to the Iran conflict.
With some 1,500 vessels immobilized by the...
