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 ...

War-risk premiums for marine insurance surge as shipping disruptions escalate in the Strait of Hormuz due to ongoing ...

The ongoing conflict in West Asia is pushing up war-risk insurance premiums for ships travelling through major maritime routes such as the Strait of Hormuz and the Red Sea.

While the rates are high, it’s also a sign that cover remains available for the handful of vessels looking to cross the vital waterway.

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

As tensions continue in the Middle East, the impact is now spreading beyond land and into global shipping lanes, with the ...

By Rajendra Jadhav MUMBAI, March 12 (Reuters) - Rice exports from India are slowing as the U.S.-Israeli war on Iran pushes up freight and insurance costs, making it harder for exporters to secure ...

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

Daily charter rates for oil supertankers have quadrupled within a week to nearly US$800,000 Read more at The Business Times.

New fuel and war risk surcharges will apply across Oman Air Cargo’s network from March 18 amid rising fuel and insurance ...

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