A variety of products are available to cover Marine Transit risks for imports, exports and within Australia for single or multiple transits. Cover is also available for Marine Hull Insurance as well as Marina Operators, Ship Repairers and Marine Contractors.
Piracy against shipping is probably as old as maritime navigation and trade.
Impact of the economic crisis on Marine Insurance
Large amounts of international trade and many limits and sums insured for both Marine Insurance contracts are negotiated in a currency other than $A.