The international insurers refused to work with vessels for Nord Stream 2

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The international group of clubs of mutual insurance the shipowners, insuring 90% of the ships in the world, decided not to work with Nord Stream 2 project vessels, follows from its circular. The reason — existing and possible sanctions against the project. The international group of clubs of mutual insurance shipowners (International Group of P%26I Clubs, or IG P%26I) made the decision not to provide an insurance covering to vessels which can participate in construction the Nord Stream-2 gas pipeline (the design company — Nord Stream 2 AG). It follows from the circular issued on behalf of all clubs, entering in...

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