Marsh McLennan, Ukraine, Lloyd’s Expand Insurance Facility for Non-Military Shipments March 1, 2024 Insurance broker Marsh McLennan, the Ukrainian government and Lloyd’s have announced a major expansion of the Unity insurance facility –...
Houthis Say They Could Reassess Red Sea Attacks if Israeli ‘Aggression’ Stops February 28, 2024 By Jonathan Saul and Mohamad Ghobari Yemen’s Houthis said on Tuesday they could only reconsider their missile and drone attacks on international shipping in the Red...
Damaged Subsea Cable in Red Sea Highlights Telecom Vulnerability February 27, 2024 By Olivia Solon A subsea cable off the coast of Yemen that connects Europe to India has been damaged, and the telecommunications carrier...
Trinidad and Tobago’s Government Confirms Fuel Oil Is Leaking off Tobago’s Coast February 26, 2024 Trinidad and Tobago’s government on Friday confirmed the refined product leaking from a barge that struck a reef and overturned...
Houthi Attack on Ship Led to ‘Environmental Disaster,’ US Says February 26, 2024 By John Harney The missile attack by Houthi militants on a ship carrying a cargo of fertilizer has led to an “environmental disaster”...
Houthis to Step Up Red Sea Strikes, Use ‘Submarine Weapons’, Leader Says February 23, 2024 By Jonathan Saul and Nayera Abdallah Yemen’s Iran-aligned Houthis claimed responsibility for an attack on a UK-owned cargo ship and a drone assault on an American...
China Cargo Ship Smashes Through Bridge Sending Vehicles Into River: Reports February 22, 2024 By Bloomberg News A cargo ship slammed into a bridge in southern China, sending several vehicles tumbling into a river. Two people died...
P&I Clubs Raise Renewal Prices to Keep Up With Claims Inflation: AM Best February 21, 2024 By L.S. Howard Protection and Indemnity (P&I) clubs sought further price improvements at the February 2024 renewals in order to keep up with...
Greek Ship Attacked in Red Sea by Houthis Arrives in Port of Aden With Cargo February 20, 2024 By Jonathan Saul The Greek-flagged bulk cargo vessel Sea Champion arrived in the southern Yemeni port of Aden on Tuesday after being attacked...
Seafarers Can Refuse to Sail Through Red Sea as Houthis Step Up Attacks: Industry February 20, 2024 By Jonathan Saul Seafarers have the right to refuse to sail on ships passing through the Red Sea in a new industry agreement...