Red Sea traffic climbs 18% as insurers cut war-risk premiums
Lloyd's syndicates trimmed additional war-risk premiums for Red Sea transits from 0.7% to 0.4% of hull value this week. Container operators including Maersk and CMA CGM are quietly rerouting selected services back through Bab el-Mandeb, citing lower Houthi missile activity and improved coalition escort coverage over the past 60 days.
gCaptain · 42m agoRead story