Daejin Lee of Fertmax says that the cost of war insurance coverage for ships in the Gulf region is at "unprecedented levels" ...

Disruption to the Strait of Hormuz has tightened global vessel supply, lifting freight and energy costs across the iron ore ...

The conflict in the Middle East has turned the container shipping sector into a “wild west”, with carriers adding thousands ...

Industry sources say the impact will be reflected in the system gradually on account of existing inventory buffers, but ...

Export revenue may decline by 6-7% due to the Strait of Hormuz closure, which has disrupted deliveries and increased freight ...

In a ‘Wild West’ shipping market, war and waivers test global insurers - and premiums are likely to continue rising ...

The impact of the West Asia conflict is now showing up in an unexpected place — the systems that keep global trade moving. A ...

FFFAI calls on the Indian government to curb excessive war risk surcharges imposed by global carriers. DG Shipping appoints ...

Missile and drone threats in West Asia drive sharp increases in insurance costs for ships and airlines operating in the region.

According to oil marketing companies, commercial banks are not providing full foreign exchange coverage for their import requirements.

Businesses are beginning to feel mounting cost pressures from the ongoing Middle East conflict, with early signs of rising ...