While the overall picture is mixed, some Chinese-linked vessels have to pay as little as 0.35% of their hull and machinery value to obtain insurance for transit.
The drop is the latest headache for the North African nation that was already wrestling with its worst economic crisis in decades before the Israel-Hamas war erupted in October.
A selection process will be established to determine which projects — including extraction, processing and recycling materials — are eligible, the people said, speaking on the condition of anonymity.