London’s marine insurance market will meet on Thursday to assess whether it needs to change the risk level for vessels in the Gulf after an attack on ships off the United Arab Emirates earlier this week, a senior official said …
Following a review by Steamship Services Joint War Committee, the War Breach areas have been revised and amended. War and Piracy warnings have been amended for the Indian Ocean, Arabian Sea, Gulf of Aden, Gulf of Oman and the Southern …
When it comes to world trade, a 17-day shortcut trumps terror, piracy and now bombs. That’s the time a supertanker saves by using the Bab el-Mandeb waterway that skirts Yemen at the southern tip of the Arabian Peninsula, rather than …
