Hormuz Crisis May Force Expense Recognition Ahead of Insurance Recoveriesホルムズ危機、保険金未収で費用先行計上の可能性も

Prolonged B&T Negotiations Create New Accounting Challenges for Ship Operators

B&T認定巡る協議が長期化、オペレーターの決算に影響か

As vessels continue to remain stranded around the Strait of Hormuz, Japanese shipping companies are facing not only the loss of freight revenue but also new challenges in financial reporting and accounting treatment.

According to multiple operator sources interviewed by Maritime Bridge Japan, operators have filed claims with insurers under the Blocking and Trapping (B&T) clause of their war risks insurance. Discussions between a number of operators and insurers, however, remain ongoing.

If insurance recoveries continue to be delayed, operators may be required to recognise losses arising from operational disruption and related expenses before any insurance proceeds are received. This could create a timing mismatch between expense recognition and insurance recoveries, making the Hormuz crisis a challenge not only for marine insurance practice but also for operators’ financial reporting and accounting treatment.

The full article covers the following topics (approximately 2,000 Japanese characters)

→ Why operators, rather than shipowners, are bearing the greatest impact of the Hormuz crisis, together with a detailed explanation of the commercial structure behind their operations.

→ Why negotiations between multiple operators and insurers over Blocking and Trapping (B&T) recognition have become increasingly prolonged.

→ How operators may be required to account for losses arising from operational disruption and related expenses before insurance recoveries are received.

→ An analysis of the assumption adopted by NYK, MOL and K Line that the Strait of Hormuz would remain effectively closed until the end of June, and the implications for their financial results.

→ Why the Hormuz crisis is creating new challenges for shipping companies’ financial reporting and accounting treatment that extend well beyond marine insurance practice.

(The remainder of this article is available in the paid edition, published in both English and Japanese. The Japanese version follows the English article.)

ホルムズ危機、保険金未収で費用先行計上の可能性も

B&T認定巡る協議が長期化、オペレーターの決算に影響か

　ホルムズ海峡周辺での船舶滞留が長期化する中、日本の海運会社では、運賃収入の喪失だけでなく、決算・会計処理という新たな課題が浮上している。　

　Maritime Bridge Japanが取材した複数のオペレーター関係者によると、戦争保険のBlocking and Trapping（B&T）条項に基づく保険金を保険会社へ請求しているものの、現在も複数のオペレーターと保険会社との協議が継続している状況だ。

　保険金収入との間に決算上の期間差が生じる可能性もあり、ホルムズ危機は保険実務だけでなく、オペレーターの収益管理や会計処理にも新たな課題を浮上させている。　

記事本文では以下の内容を読むことができます（記事全文約2,000文字）

→ なぜホルムズ危機で最も大きな影響を受けるのは「船主」ではなく「オペレーター」なのか。その収益構造を詳しく解説。

→ B&T（Blocking and Trapping）認定を巡り、複数のオペレーターと保険会社の協議が長期化している背景とは何か。

→ 保険金が支払われるまでの間、オペレーターは不稼働損失や各種費用を決算上どのように処理する可能性があるのか。

→ 日本郵船、商船三井、川崎汽船が業績予想で置く「6月末まで実質的封鎖」という前提と、今後の決算への影響を分析。

→ 保険実務だけでは見えない、ホルムズ危機が海運会社の決算・会計処理に投げかける新たな課題を考察。

（続きは英語と日本語で書かれた有料版の本文でお読みください。日本語の記事は英文記事に続いて掲載されています）