The Danish government has unveiled plans to establish a state-backed US$1 billion war risk insurance programme for the shipping sector, intended as a safeguard in case commercial insurance markets become unavailable. Describing the proposal as a “timely precaution,” the government plans to present the initiative to parliament for a vote later this year. “There are […] The post Denmark proposes US$1 billion state-backed war risk insurance for shipping appeared first on Container News .