Six Months’ Pay for One Month’s Risk: Sinokor Triples Hazard Payouts Amid Hormuz Tanker Strikes

As missile and drone strikes hit commercial vessels near Oman and the UAE, supertanker operator Sinokor triples hazard bonuses while marine war-risk insurance premiums soar to 10%. DUBAI / SEOUL — Commercial shipping through the vital Strait of Hormuz came under renewed violence on Monday following a spate of projectile and drone attacks on commercial […] The post Six Months’ Pay for One Month’s…