Red Sea Insurance Premium Spikes as Houthi Risks Return July 11, 2025 By Verity Ratcliffe and Weilun Soon The cost of insuring commercial ships that sail past Yemen’s Houthi militants surged after the rebels sank two ships and...
Houthi Attacks in Red Sea Sink Two Cargo Ships, Leave Three Dead July 9, 2025 By Mohammed Hatem and Erik Olsson Houthi attacks in the Red Sea left three crew members dead and sank two cargo vessels in a fresh wave...
Vessels Near Strait of Hormuz Transmit Unusual Messages to Prevent Attacks June 27, 2025 By Georgina McCartney and Arathy Somasekhar Vessels near the Strait of Hormuz have been broadcasting unusual messages concerning nationality in a bid to avoid being attacked...
Escalating Hormuz Tensions Drive Up Middle East War Risk Insurance Costs: Sources June 24, 2025 By Jonathan Saul and Michael Jones U.S. and Israeli attacks on Iran and Tehran’s reprisals have doubled the price of insuring shipments to the Middle East...
Airlines Weigh How Long to Suspend Middle East Flights After US Strikes in Iran June 23, 2025 By Lisa Barrington and Jack Queen Airlines on Monday were weighing how long to suspend Middle East flights as a conflict which has already cut off...
U-Turning Oil Supertankers Cross Hormuz After Avoiding It June 23, 2025 By Alex Longley Two supertankers, each capable of hauling about 2 million barrels of crude, headed through the Hormuz shipping strait at the...
Mideast Ship Insurance Costs Jump Following Iran-Israel Attacks June 19, 2025 By Alex Longley The cost of insurance for ships sailing in the Persian Gulf jumped as attacks between Iran and Israel raised risks...
Israel War Risk Ship Insurance Costs Soar After Iranian Attacks, Sources Say June 17, 2025 By Jonathan Saul War risk insurance premiums for shipments to Israel are as much as three times higher than a week ago as...
Update: Two Tankers Catch Fire After Collision Near Strait of Hormuz June 17, 2025 By Weilun Soon and Nicholas Lua Two giant ocean-going tankers collided and caught fire and two other ships were approached by Iranian boats near the Strait...
Finland Accuses Crew of Russia-Linked Ship in Damage of Baltic Undersea Power Cable June 16, 2025 Finnish authorities have accused senior officers of a Russia-linked vessel that damaged undersea cables last year between Finland and Estonia...