Red Sea escalation: Death, insurance and charter rates
In this week's Wavelength Podcast the focus is squarely on the impact of recent attacks on shipping by Houthi rebels in the Red Sea and Gulf of Aden. With two vessels being hit, one sinking and one leading to the tragic death of three seafarers the questions on how shipping and the international community should respond.US-based security analyst Ian Ralby argues that the focus should be put on supporting the Yemen government.Adam Corbett, TradeWinds insurance correspondent offers insights into the insurance cover for vessels and what may and may not be able to heppen witn any salvage operation.We also look at the impact of the Red Sea attacks on the container market, notably charter rates-And it is International Women's Day, so our correspondent Holly Birkett has been talking to Elpi Petraki, president of the Women's International Shipping and Trading Association, WISTA, about what this day should mean in the shipping industry.Full transcript and link to stories on www.tradewindsnews.com Hosted on Acast. See acast.com/privacy for more information.