The war has driven up payments for the insurance that underpins the world freight industry. Read more at straitstimes.com.

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 ...

Freight rates surge 3x to $15/bbl and war-risk insurance up to 3% push India’s energy import costs higher amid supply ...

Here are facts and figures about how maritime insurance works -- and the impact from the war sparked by US-Israeli strikes on Iran, which has virtually cut off shipping in the strait. After the ...

Even with the Strait of Hormuz open, supply chain recovery and a return to normal could take much longer than we think.

Ships risking Houthi attacks must pay high insurance premiums, while vessels avoiding the region lose time going around Africa. By Stanley Reed Reporting from London For about two months, a barrage of ...