Oil Shippers Face Insurance Uncertainty with Return of U.S. Sanctions on Iran

By | May 11, 2018

  • May 11, 2018 at 6:53 am
    PolarBeaRepeal says:
    Like or Dislike:
    Thumb up 1
    Thumb down 0

    Here’s a few clues to the oil tanker owners, their insurers, and the P&I clubs;

    1. The Bad IraNuke Deal was rescinded by Trump/ The USA for good reason; it endangered people in the Middle East and elsewhere by allowing Iran an unimpeded path toward nuke weapons.
    2. The sanctions soon to be imposed by the US and its allies WON’T allow shippers to aid Iran in any way in order to cut off their primary source of revenue.
    3. There are many other options to make money on oil shipping; e.g. US offshore drilling to be expanded in the near future.

    • May 11, 2018 at 3:29 pm
      Agent says:
      Like or Dislike:
      Thumb up 1
      Thumb down 0

      Drill, baby, drill. ANWR and everywhere else so we are not dependent on anything from the Middle East. Already a net exporter of LPG. Not tired of winning.

Add a Comment

Your email address will not be published. Required fields are marked *