Category: Houthi
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Op-Ed: Navigating opportunities in the 2025 insurance market
Op-Ed: Navigating opportunities in the 2025 insurance market By Simon de Burgh Codrington, Managing Director, Risk Strategies The marine insurance industry continues to navigate uncertain waters in 2025. Prices in the global marine cargo market are starting to ease. Importers and exporters now have more room to negotiate. Still, cargo theft is a growing problem,…
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New Ambrey threat circular says Houthi attack risk continues
New Ambrey threat circular says Houthi attack risk continues In a new threat circular, maritime risk consultancy Ambrey notes that, in response to the Israel-Hamas ceasefire, the Houthis have announced a cessation of hostilities toward most shipping However, notes Ambrey, Israel-owned and -flagged shipping transiting the Bab el-Mandeb Strait continues to be targeted.. Merchant vessels…