US, UK Ships Return to Red Sea After Houthis Vow to Hold Fire January 29, 2025 By Patrick Sykes British and American ships are tentatively returning to the Red Sea after Yemen’s Houthi rebels vowed to hold off attacks...
Crew Abandon HK-Flagged Container Ship in Red Sea After Fire: Sources January 28, 2025 The crew of the Hong Kong-flagged ASL Bauhinia have abandoned the container ship in the Red Sea after it caught...
Houthis Say US and UK Ships Can Safely Take Red Sea Passage January 22, 2025 By Jack Wittels, Dana Khraiche and Alex Longley The Houthis said they will stop attacking US and UK vessels in the Red Sea area in response to the...
Red Sea Trade Route to Remain too Risky Even After Gaza Ceasefire: Industry Executives January 20, 2025 By Jonathan Saul and Helen Reid Companies transporting their products around the world are not ready to return to the Red Sea trade route in the...
Maritime Sources Expect Houthis to Halt Red Sea Attacks After Gaza Deal January 17, 2025 Maritime security officials said on Thursday they were expecting Yemen’s Houthi militia to announce a halt in attacks on ships...
The Wartime Risk Insurers Making Fortunes Keeping Trade Moving January 6, 2025 By Alex Longley Inside faceless office buildings scattered around London, a niche corner of the insurance market is keeping hundreds of billions of...
G-7 Considers Options to Harden Price Cap on Russian Oil December 20, 2024 By Ewa Krukowska and Alberto Nardelli Group of Seven nations are exploring ways to toughen the price cap on Russian oil as they seek to better...
Denmark Warns That Russia May Send Warships to Escort Oil Tankers December 19, 2024 By Sanne Wass Denmark warned that Russia’s navy may start escorting the so-called shadow fleet tankers through Danish straits to escalate provocations against...
Aon and EBRD Launch €110M Facility to Provide Cover for War-Related Risks in Ukraine December 12, 2024 Insurance broker Aon and the European Bank for Reconstruction and Development (EBRD) have structured a €110 million (US$115.6 million) facility...
Sweden Probe Into Broken Cable Advances as Seabed Study Winds Up November 22, 2024 By Christopher Jungstedt Sweden’s Navy completed a survey of the seabed near one of the damaged data cables in the Baltic Sea as...