The Red Sea may finally see calm after two years of turmoil as Yemen’s Houthi rebels have signalled a halt to their attacks ...
Somali piracy in the region cost the world’s economy €6 billion in 2011, with €138 million paid out in ransoms, according to ...
Xeneta warns carriers and insurers remain cautious despite reports that the Houthis have halted attacks on commercial ships.
Arabian Gulf Business Insight on MSN

Red Sea premiums to stay high despite Houthi ceasefire

Insurance premiums for vessels operating in the Red Sea are likely to remain high despite a declared ceasefire by Yemen’s Houthi rebels, industry analysts say. The Iran-aligned group announced the ...
Yemen's Houthi rebels have stopped attacking ships in the Red Sea after a ceasefire was agreed in Gaza. The group had been ...
The European Union and Indian navies have taken over a ship used by pirates off the coast of Somalia to seize a Malta-flagged ...
The US and Israel are increasingly pressuring Baghdad to tackle Iran-backed militants, while weakened Iran sees Iraq as a ...
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Container lines are using rate hikes and blank sailings to manage capacity surplus and faltering demand. The post Ocean rates tested by capacity conundrum appeared first on FreightWaves.
Yemen’s Houthi rebels are signaling they’ve stopped their attacks against Israel and shipping in the Red Sea as a shaky ...
The Houthis have raided offices belonging to the International Committee for the Red Cross in Sanaa for the first time, keeping dozens of employees including foreign workers under siege during ...