05:41 Min
11 Sep 2025 08:52pm
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.