Navigating shipping disruptions: signs of rougher seas ahead

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      <subfield code="a">Attacks on ships in the Red Sea and drought in the Panama Canal area have more than quadrupled shipping prices since late 2023. Impacts could worsen should disruptions persist into the peak shipping season in the second half of the year. Marine insurance contracts in affected areas are repricing higher or covers being adjusted, while some claims inflation is a further potential risk</subfield>
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