Chairman Lee Eog-weon of the Financial Services Commission held a meeting with officials from major shipping companies, policy financial institutions, and insurance businesses on May 21 and discussed ways to provide financial assistance to the shipping industry hit by the conflict situation in the Middle East. At the meeting, officials held talks on mobilizing war risk insurance and other immediate assistance measures to help the shipping companies affected by the Middle East conflict and discussed ways to utilize policy funds in strengthening the competitiveness of the shipping industry on a medium- to long-term.