Houthis to Step Up Red Sea Strikes, Use ‘Submarine Weapons’, Leader Says February 23, 2024 By Jonathan Saul and Nayera Abdallah Yemen’s Iran-aligned Houthis claimed responsibility for an attack on a UK-owned cargo ship and a drone assault on an American...
Greek Ship Attacked in Red Sea by Houthis Arrives in Port of Aden With Cargo February 20, 2024 By Jonathan Saul The Greek-flagged bulk cargo vessel Sea Champion arrived in the southern Yemeni port of Aden on Tuesday after being attacked...
Seafarers Can Refuse to Sail Through Red Sea as Houthis Step Up Attacks: Industry February 20, 2024 By Jonathan Saul Seafarers have the right to refuse to sail on ships passing through the Red Sea in a new industry agreement...
US, UK Ship Investors Hit by Soaring Red Sea Insurance: Sources February 8, 2024 By Jonathan Saul and Carolyn Cohn War underwriters have raised the premiums they charge to US, British and Israeli firms by as high as 50% for...
Red Sea War Risk Insurance Rises With More Ships in Firing Line January 16, 2024 By Jonathan Saul War risk insurance premiums for shipments through the Red Sea are rising after further attacks on merchant vessels by Yemen’s...
Red Sea Shipping Costs Rise After Houthis Target More Commercial Vessels December 13, 2023 By Jonathan Saul The cost of shipping goods through the Red Sea is rising as Yemen’s Houthis step up attacks on ships they...
War Risk Insurance Rates Edge Up After Surge in Red Sea Ship Attacks December 5, 2023 By Jonathan Saul War risk insurance premiums edged up for Red Sea voyages after three vessels were attacked in the area on Sunday...
Red Sea Attacks on Ships Spark Safety Concerns for Sailors November 30, 2023 By Jonathan Saul Commercial ships face increasing dangers at sea after armed groups have attacked and seized vessels in waters around the Red...
Israel’s Ship Industry Urges Government to Help With Soaring War Risk Premiums November 2, 2023 By Jonathan Saul and Ari Rabinovitch Ships sailing for Israel face a 10-fold jump in war risk premiums as the conflict in Gaza intensifies, prompting industry...
Israel’s Ashdod Port Toils Under Threat of Rockets as War Risk Insurance Rates Soar October 26, 2023 By Jonathan Saul When wailing sirens warn of incoming rockets from Gaza, workers at Israel’s Port of Ashdod stop operations within moments and...