Blocked Cargo Value Reaches $5 Billion
The total value of blocked cargo for a specific company is estimated at approximately $5 billion. Weekly insurance costs for a vessel in the Red Sea represent about 1.8% of the ship's total value. These insurance costs are renegotiated every week, leading to accumulated expenses. The report included interviews with special correspondent Eric Destiné in Hong Kong.
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Sources · 7 independent
RTBF La Premiere
“La valeur totale des cargaisons bloquées représente pour cette entreprise environ 5 milliards de dollars.”
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