What Does Red Sea Disruption Mean for Europe’s Economy? January 23, 2024 By Mark John Weeks of attacks by Iranian-backed Houthi militants on vessels in the Red Sea have disrupted shipping in the Suez Canal,...
Grain Insurance Program Could Be Blueprint for Ukraine’s Return to Air Travel: Doyle January 19, 2024 Ukraine is working “intensively” with partners to restore air travel suspended for nearly two years, with the main focus on...
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...
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...
US Merchant Vessel Struck by Anti-Ship Missile as Shippers Told to Avoid Red Sea January 16, 2024 By Alex Longley Houthi militants hit a US-owned commercial vessel with an anti-ship ballistic missile on Monday, underscoring warnings that the world’s most...
Ukraine in Talks With Marsh on War Risk Insurance for Air Transport January 15, 2024 Ukraine is discussing military risk insurance for air transportation with insurance broker Marsh and consulting firm Oliver Wyman, Ukraine’s National...
Houthi Attacks on Shipping in Red Sea Persist; U.S. and Allies Strike Back January 12, 2024 The United States and Britain carried out strikes from the air and sea against Houthi military targets in Yemen in...
Oil Tankers Continue Red Sea Movements Despite Houthi Attacks January 9, 2024 By Georgina McCartney and Arathy Somasekhar Oil and fuel tanker traffic in the Red Sea was stable in December, even though many container ships have rerouted...
Russia Oil Tankers Are Doing Strange Things Since Ramp Up of US Sanctions January 8, 2024 By Sherry Su and Julian Lee There are growing signs that Russia’s oil flows might be facing disruption in the aftermath of a ramp up in...
Global Shipping Firms Continue to Pause Red Sea Shipments After Weekend Attack January 3, 2024 By Terje Solsvik and Vera Eckert Denmark’s Maersk and German rival Hapag-Lloyd said on Tuesday their container ships would continue to avoid the Red Sea route...