The Latest Breaking News from Munro Anderson

Shipping Insurance Rates Soar On Red Sea Missile Attacks

Attacks by Yemen's Houthi rebels on commercial ships in the Red Sea have sent insurance premiums surging, exacerbating costs already stretched by soaring freight rates and longer alternative trade routes.

International Business Times · Feb 23, 2024

As Houthi attacks on ships escalate, experts look to COVID supply chain lessons

Shipping experts hope lessons learned during the COVID-19 pandemic, the Suez Canal disruption in 2021 and Somali pirate attacks more than a decade ago will mitigate widespread problems this time.

WEKU · Jan 20, 2024

Ukraine is shipping more grain through the Black Sea despite threat from Russia

Increasing numbers of ships are streaming toward Ukraine’s Black Sea ports and heading out loaded with grain, metals and other cargo despite the threat of attack and explosive mines

The Independent UK · Nov 27, 2023