Huthi rebels capture the Galaxy Leader cargo ship in November and their missile and drone attacks on ships have sent insurance rates soaring – Copyright AFP ...
Insurance costs for shipping through the Red Sea have increased due to the Houthis' naval blockade threat, raising risks for ...
Attacks by Yemen's Huthi 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 ...