Three months after the car carrier Galaxy Leader was hijacked in the Red Sea, attacks on merchant
shipping in the region have continued. Freight and insurance costs have risen with diversions around
the Cape of Good Hope, adding another three weeks to voyages. Munro Anderson, head of
operations at marine conflict risk insurer Vessel Protect, joins Argus' crude freight reporter Matthew
Mitchell to discuss the risks faced now by shipowners and charterers.
Key topics covered in the podcast:
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