The latest attacks by Yemen's Houthi rebels in the Red Sea have triggered a sharp rise in shipping insurance costs, underscoring growing risks to global trade through this critical maritime route.
The traffic has been growing, and NSR is becoming a competitive global route, Russia's Deputy Prime Minister Yury Trutnev said TASS, January 24. The Russian Government is discussing with China the ...
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 ...
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