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this post was submitted on 09 Mar 2026
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It's not even just the price of a ship and cargo at risk. Lead times are around 2.8 to 3 yrs for crude tankers and around 3.5 yrs for LNG carriers. That's a long time to not be able to conduct business even if insurance did pay out. It is 100% rational to sit out a few weeks to figure out how to resume operations safely rather than trying to sneak through and hope for the best.
Yeah, especially since they have promised its only going to be 3 weeks. It's almost as if that was a lie.
Well, at least Trump is well known for paying his debts.