Howden launches Red Sea cargo war risk coverage

Nicholas PrattApril 17, 2024
The container ship Cosco Himalayas sails south on Red Sea towards Khalifa Port, Abu Dhabi after leaving Port Said, Egypt. June 2023.
Container ship on Red Sea. Credit: Shutterstock/David G40

Global broker Howden has launched what it claims is the first cargo war risk facility to cover vessels in the Red Sea.

The area has become a target for drone and missile strikes from Yemen-based militia in recent months. S...

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Nicholas PrattApril 17, 2024
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