Live Breaking News & Updates on Ascoma International Claire Hamonic

Houthi attacks on commercial ships in the Red Sea hiked the shipping insurance rates, with fees being imposed to cover risks associated with conflicts. Since last Nov. 19, Iran-backed Houthis have targeted ships in the Red Sea that they suspect are linked to Israel or heading to its ports. Houthis say their attack is in support of the Gaza Strip, which has been witnessing a war since Oct. 7, 2023. According to the International Monetary Fund (IMF), Red Sea container shipping dropped 30% within a year. ....

United Kingdom , Hong Kong , United States , Gaza Strip , City Of , Red Sea , Djibouti General , Indian Ocean , Daniel Harlid , Neil Roberts , Marcus Baker , Frederic Denefle , Munro Anderson , Ascoma International Claire Hamonic , Lloyd Market Association , European Union , London Stock Exchange Group , Moody Investors Services , Us Army , International Monetary Fund , Iran Backed Houthis , Market Association , Listed Area , Marsh Marcus Baker , Vessel Protect Munro Anderson , United Kingdom Connected ,