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...The marine insurance market has also seen a sharp rise in the cost of travelling through the Red Sea and Suez Canal as a result of a wave of attacks by Iran-backed Houthi rebels....
...Denmark has long provided specialists in marine navigation who are familiar with the narrow channels, sandbars and strong currents of the Danish Straits to any large vessel carrying oil or other dangerous...
...From next week two Royal Fleet Auxiliary vessels, RFA Argus and RFA Lyme Bay, plus three Merlin helicopters and a company of Royal Marines, will also be deployed....
...He added that the US was also exploring the possibility of opening “a marine corridor delivering large amounts of humanitarian assistance”....
...risks that at the moment they are charging an awful lot of money for, and we’re asking them to do it for less because of the support that the Ukrainians are [providing],” said Marcus Baker, global head of marine...
...The partners plan to invest $5bn by 2030 and cut costs by increasing local sourcing, including of batteries from a plant to be built in India’s eastern Odisha state by JSW, the Indian group’s chair Sajjan...
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...However, Michael Bodouroglou, chair of Athens-based Allseas Marine, said some companies seeking to charter his so called “dry bulk” ships had asked to take out of the contract a standard “wartime” clause...
...from a US Marine Corps base....
...The centuries-old market has been at the heart of the marine insurance sector since its inception....
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