Global shipping on alert as conflicts threaten vital channels
From the Red Sea to the Black Sea, shipping lanes are under siege. The Houthis are striking Israel-linked vessels in the Red Sea, while the Russia-Ukraine war is making any journey across the Black Sea potentially perilous. The fallout is global - higher costs, longer routes and mounting risks, as described by experts at the International Union of Marine Insurance Conference in Singapore this week.
From the Red Sea to the Black Sea, shipping lanes are under siege. The Houthis are striking Israel-linked vessels in the Red Sea, while the Russia-Ukraine war is making any journey across the Black Sea potentially perilous. The fallout is global - higher costs, longer routes and mounting risks, as described by experts at the International Union of Marine Insurance Conference in Singapore this week.
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