Attacks on Red Sea Shipping Menace 12% of Global Trade as War Risk Premiums Rise December 6, 2023 By Alex Longley and Áine Quinn Fresh attacks on vessels in the Red Sea are raising insurance premiums for ships in the region and menacing commerce...
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...
Multiple Commercial Vessels Attacked in Red Sea December 4, 2023 Three commercial vessels came under attack in international waters in the southern Red Sea, the U.S. military said Sunday, as...
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...
US Warns of Growing Threats to Ships Sailing Through Red Sea November 28, 2023 By Alex Longley A spate of attacks on merchant shipping near Yemen and Somalia, likely triggered by the war in Gaza, have prompted...
Capture of Israeli-Owned Ship Reignites Fears Over Mideast Shipping November 20, 2023 By Shoko Oda An Israeli-owned ship seized in the Red Sea by Iran-backed Houthi rebels in retaliation for the war in Gaza is...
Grain Ship, Damaged off Coast of Ukraine, Likely Hit Sea Mine: Sources November 20, 2023 A merchant ship transporting grains was lightly damaged off the coast of Ukraine and was likely to have been hit...
US Sanctions Maritime Companies, Vessels for Shipping Oil Above Russian Price Cap November 17, 2023 By Daphne Psaledakis and Laura Sanicola The U.S. on Thursday imposed sanctions on maritime companies and vessels for shipping Russian oil sold above the G7’s price...
Update: Ukraine Launches Grain Insurance Program With Marsh McLennan, Lloyd’s November 15, 2023 By Áine Quinn, Volodymyr Verbianyi and Max Reyes Ukraine is starting an insurance program with broker Marsh McLennan and Lloyd’s of London to provide cover for grain vessels...
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...