Day: May 13, 2025

Trade: Dry cargo shortage insurance claims surge in Vietnam ports

Dry cargo shortage insurance claims in Cai Mep and Phu My ports have nearly tripled between 2020 and 2024, according to Gard P&I Club and reported by Safety4Sea. Affected cargoes include soybean meal, corn, and fertilisers, with claims are generally low value but high frequency, raising cumulative risk

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