Korean shipbuilders face delays on Middle East deliveries - Business Insurance

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Korean shipbuilders face delays on Middle East deliveries - Business Insurance Skip to content Register for free Search Search Log In Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Korean shipbuilders face delays on Middle East deliveries Mar 23, 2026 The delivery of newly built ships by Korean shipbuilders to the Middle East could be disrupted as access to the Persian Gulf has become increasingly difficult due to the ongoing Iran war, ChosunBiz reported. If the vessels cannot be delivered as planned, they are likely to enter the spot charter market for leasing, or shipping companies must postpone acceptance and pay storage fees to the shipbuilder. Read more Related News Korean shipbuilders face delays on Middle East deliveries March 23, 2026 Pool Re seeks $133M terrorism cat bond March 23, 2026 Chubb sets conditions for Gulf war risk coverage March 23, 2026 Reinsurance competition to increase this year: Lloyd’s March 23, 2026 MS Amlin’s profit jumps 50% March 23, 2026 Brazil sues German airport developer over ‘environmental destruction’ March 23, 2026 Fidelis records $400M earnings March 23, 2026 Aviso Specialty appoints ex-Marsh Pacific head as CEO March 23, 2026 Musk found liable to Twitter shareholders in fraud lawsuit March 23, 2026 Facebook-f X-twitter Linkedin-in Business Insurance is a singular, authoritative news and information source for executives focused upon risk management, risk transfer and risk financing. Never miss important news: Become a Business Insurance Online subscriber today Subscribe Now Information About Us Contact Advertise Privacy Policy Terms & Conditions Copyright 2026. BUSINESS INSURANCE HOLDINGS Member, Beacon International Group, Ltd.

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