Proceedings of the 3rd International Conference on Law, Economics & good Governance (ICLAW 2025)

<Previous Article In Volume
Next Article In Volume>

Shipping Insurance Protection in International Trade against the Armed Conflict Crisis

Authors
Delina Stia Wahyuaristy1, *
1Faculty of Law, Muria Kudus University, Kabupaten Kudus, Indonesia
*Corresponding author. Email: delina.stia@umk.ac.id
Corresponding Author
Delina Stia Wahyuaristy
Available Online 29 December 2025.
DOI
10.2991/978-2-38476-519-5_28How to use a DOI?
Keywords
Armed Conflict crisis; Marine Insurance Act 1906; Shipping Insurance; Marine War Risk Clause
Abstract

International trade often experiences crises, one of which has occurred since 2023 due to a crisis in the Red Sea that arose due to the Houthi group’s attack on commercial shipping ships until it was finally forced to avoid the Red Sea and the Suez Canal as its shipping route. This has an impact on the shipping industry and global business, especially regarding the legal aspects of shipping insurance. There was an increase in insurance costs from 0.1% to 2% of the value of the ship, after the attack on Maersk’s cargo ship that occurred in 2023. The analysis in this scientific article will focus on the application of the marine war risk clause in shipping insurance due to the crisis in the Red Sea which is classified as a force majeure situation based on the perspective of shipping insurance law, reviewed through a normative juridical approach by examining international regulations, namely the Marine Insurance Act 1906 (MIA 1906) related to international shipping law. The study of this scientific article shows that there is an urgency to update the shipping insurance clause, especially in terms of dealing with crises that occur from an international trade perspective, especially in dealing with geopolitical risks arising from armed conflict crisis.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Download article (PDF)

<Previous Article In Volume
Next Article In Volume>
Volume Title
Proceedings of the 3rd International Conference on Law, Economics & good Governance (ICLAW 2025)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
29 December 2025
ISBN
978-2-38476-519-5
ISSN
2352-5398
DOI
10.2991/978-2-38476-519-5_28How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Delina Stia Wahyuaristy
PY  - 2025
DA  - 2025/12/29
TI  - Shipping Insurance Protection in International Trade against the Armed Conflict Crisis
BT  - Proceedings of the 3rd International Conference on Law, Economics & good Governance (ICLAW 2025)
PB  - Atlantis Press
SP  - 345
EP  - 353
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-519-5_28
DO  - 10.2991/978-2-38476-519-5_28
ID  - Wahyuaristy2025
ER  -