Report: Japanese companies refuse protection for ships in Russia

According to a media report, three Japanese financial institutions will soon stop insuring ships against war damage in all Russian waters.

Report: Japanese companies refuse protection for ships in Russia

According to a media report, three Japanese financial institutions will soon stop insuring ships against war damage in all Russian waters.

The three insurance companies Tokio Marine

Without additional security, operating ships in Russian waters would become too risky for most operators. This could also affect Japan's imports of natural gas, which comes from the Russian Far East island of Sakhalin, it said.

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