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28 October 2020 The on-line newspaper devoted to the world of transports 16:00 GMT+1

February 5, 2003
(posted Feb. 3)

Gulf shippers brace for Iraq war amid insurance concerns

by Luke Phillips

DUBAI, Feb 3 (AFP) - A US-led war against Iraq will have a limited fallout for ports and shipping agencies in the Gulf region but a catastrophic effect on insurance companies, shipping sources said Monday.

"The shipping industry does not expect any casualties of war," said Tom Hope, Middle East and North Africa manager for Lloyds ......
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