DP World Launches War Risk Insurance for Middle East Cargo Shipments
Global logistics giant DP World has introduced a new insurance policy for cargo owners shipping goods to the Middle East. The initiative is a direct response to heightened security threats and disruptions in regional trade routes, particularly the Red Sea. This new policy specifically covers war and strike risks, which are often excluded from standard cargo insurance. It provides comprehensive, all-risk coverage for goods moving by sea, land, and air. The plan aims to ensure the continued flow of trade and provide financial security for businesses utilizing key hubs like Jebel Ali.
Official Source: https://www.stattimes.com/logistics/dp-world-launches-war-risk-cover-for-middle-east-cargo-flows-1359094
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