War Insurers Shrug Off Rubymar Sinking in Red Sea, Rates Stable March 4, 2024 By Jonathan Saul The cost of war risk insurance through the Red Sea remained stable on Monday despite the sinking of the Rubymar...
Ship Sunk by Houthis Threatens Red Sea Environment, Yemen Gov’t, US Military Say March 4, 2024 By Mohammad Ghobari A UK-owned ship attacked by Houthi militants last month sank in the Red Sea, the U.S. military confirmed on Saturday,...
Houthis Say They Could Reassess Red Sea Attacks if Israeli ‘Aggression’ Stops February 28, 2024 By Jonathan Saul and Mohamad Ghobari Yemen’s Houthis said on Tuesday they could only reconsider their missile and drone attacks on international shipping in the Red...
Houthi Attack on Ship Led to ‘Environmental Disaster,’ US Says February 26, 2024 By John Harney The missile attack by Houthi militants on a ship carrying a cargo of fertilizer has led to an “environmental disaster”...
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...
UK Navy Warns of Piracy Menace to Ships in Indian Ocean January 31, 2024 By Alex Longley The UK Navy posted an advisory to merchant ships in the Indian Ocean warning of pirate activity, a sign of...
Insurers Seek to Exclude US, UK Ships From Red Sea Coverage January 17, 2024 By Alex Longley and Áine Quinn Some ship insurers are starting to avoid covering US and UK merchant ships against war risks when they navigate the...