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The head of Lloyd's of London said the insurance industry would nonetheless be able to handle the hefty claims.

This year’s annual P&I renewals have been less dramatic than previous editions — Minimal vessel churn combined with higher premiums, improved investment returns and modest pool claims saw marine mutuals find a sweet spot. Our insurance editor David Osler pulled together a panel of industry experts to examine what it means for shipping

LONDON (AP) -- The attacks on commercial ships in the Red Sea by Yemens Houthi rebels have rerouted a majority of global trade away from the crucial

The attacks on commercial ships in the Red Sea by Yemen’s Houthi rebels have rerouted most global trade away from the artery for consumer goods, energy supplies.

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Yemen's Houthi rebels have escalated attacks on ships passing through the Red Sea during the Israel-Hamas war, raising concerns about the impact on the flow of oil, grain and consumer goods through a major global trade artery. Israeli-linked vessels have been targeted, but the&#x...

Attacks on commercial ships near the Middle Eastern country of Yemen have forced huge freight companies to change or pause their movements on one of the world's busiest shipping routes. Who is launching these attacks, what is their end goal and what are the potential repercussions?

LONDON: Yemen's Houthi rebels have escalated attacks on ships passing through the Red Sea during the Israel-Hamas war, raising concerns about the impact on the flow of oil, grain and consumer goods

Houthi rebels are "driven by domestic political calculations in Yemen, regional cooperation with Iran and an ideological disposition against Israel," one analyst wrote.