Subject
War risk insurance rates > shipping costs
Quote from Video
The ships were paying war risk insurance. They were paying anywhere from 0.15 to 0.25 the value of the ship. Now as of Monday with a meeting done by the joint war committee... they have raised that rate to 1 to 3%.

“The ships were paying war risk insurance. They were paying anywhere from 0.15 to 0.25 the value of the ship. Now as of Monday with a meeting done by the joint war committee... they have raised that rate to 1 to 3%.”


