The cost of insuring vessels transiting the Red Sea has more than doubled in recent days following two deadly attacks by Yemen’s Houthi rebels, as Reuters recorded. According to industry sources, war risk premiums have climbed to approximately 0.7% of a vessel’s value, up from around 0.3% the previous week. In some cases, underwriters have […] The post Red Sea insurance costs surge following Houthi attacks appeared first on Container News .