TOKYO -- Japanese insurers will continue covering ships sailing through Russian waters against war damage in January and beyond, reversing an earlier decision to halt coverage, Nikkei learned Thursday.
Underwriting capacity shrinks, but deal designed to keep LNG imports flowing
Japan's utilities rely heavily on LNG imports from the Sakhalin-2 project in the Russian Far East. © Reuters
TOKYO -- Japanese insurers will continue covering ships sailing through Russian waters against war damage in January and beyond, reversing an earlier decision to halt coverage, Nikkei learned Thursday.