Petrol prices could jump after Red Sea attacks send oil prices surging
Oil prices have spiked and could remain elevated as companies try and find alternative cargo routes following vessel attacks in the Red Sea.
Source: cityam.com
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Shipping Insurance for Red Sea Transit Soars After Mounting Houthi Attacks
The cost of insuring vessels that will transit the Red Sea jumped again this week after mounting attacks in the region forced some ships to avoid the
Source: insurancejournal.com
100 Container Ships Diverted, Insurance Surges As Red Sea Chaos Worsens
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com
Cost of insuring vessels to transit Red Sea jumps
THE cost of insuring vessels that will transit the Red Sea jumped again this week after mounting attacks in the region forced some ships to avoid the vital waterway, underscoring the need to secure an area that’s pivotal to global trade. Cover has now surged to about 0.5 percent of…
Source: businessmirror.com.ph
Ship Insurance for Red Sea Transit Soars as Attacks Persist
(Bloomberg) -- The cost of insuring vessels that will transit the Red Sea jumped again this week after mounting attacks in the region forced some ships to avoid the vital waterway, underscoring the need to secure an area that’s pivotal to global trade.
Source: dailymaverick.co.za