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The price of global shipping containers jumped by more than 300 per cent from November 2023 to January as a result of the chaos in the Red Sea following Houthi rebel attacks on vessels
The wait and see period for shipping is well and truly over – ships of all types are now re-routing away from the Red Sea as airstrikes against the Houthis failed to stem attacks and insurance rates spiked in response. But not everyone is leaving and shipping’s risk appetite increasingly a question of national association as much as it is an individual security assessment
The Red Sea, a vital shipping lane, is under attack – what are the alternatives?
Russia's dark fleet poses a significant threat to maritime security, forming the basis of Moscow's grayzone aggression against Western institutions.
Defence Secretary Grant Shapps says UK must maintain 'formidable presence in face of attacks'