South Korea's Financial Services Commission Chairman Lee Eok-won pledges domestic insurers will guarantee the safe return of 10 vessels from the Hormuz Strait while expanding the Kamco ship fund to 250 billion won and raising LTV ratios to 80% for eco-friendly vessels amid Middle East crisis.
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https://en.infomaxai.com/news/articleView.html?idxno=121811
#YonhapInfomax #FinancialServicesCommission #HormuzStrait #ShippingInsurance #KamcoShipFund #EcoFriendlyVessels #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=121811