Weeks after a Houthi rebel missile attacked the Rubymar in the globally important Bab el-Mandeb Strait, the ship dumped fuel into the sea and could still pour environmentally damaging fertilizer into ...

LONDON (Reuters) - The cost of shipping goods through the Red Sea is expected to remain firm after the United States carried out further airstrikes on Yemen on Monday, adding to fears of new attacks ...

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has affirmed the financial strength rating of A+ (Superior) and the issuer credit rating of “aa” of Seaworthy Insurance Company (Seaworthy) (Annapolis, MD).

LONDON (Reuters) - War underwriters have raised the premiums they charge to U.S., British and Israeli firms by as high as 50% for ships transiting the Red Sea and some providers are avoiding such ...

LONDON (Reuters) -The insurance cost of shipping goods through the Red Sea has more than doubled in recent days after Yemen's Houthis attacked and sank two ships, killing at least four seafarers after ...

The cost of insurance for ships sailing through the Red Sea has nearly doubled after Yemen's Houthis attacked a tanker that appears to be leaking oil, with environmental fears growing for trade route, ...

Insurers have raised the cost of providing cover for merchant ships through the Black Sea, adding to soaring rates to transport goods through the region for vessels still willing to sail after ...