The North P&I Club has suggested that providing coverage to Iranian trades is difficult but not completely out of the question.
On 5 November, the US reimposed secondary sanctions on Iran’s energy, shipping and banking sectors, and warned the shipping community not to do business with National Iranian Tanker Co and Islamic Republic of Iran Shipping Lines.
When asked about how this would affect coverage, North FD&D director Mark Church told TradeWinds: “There...
