ascend-broking

Insurer urges forwarders to check the small print as ships shun Red Sea

Marine cargo specialist Ascend Broking is urging forwarders to advise their insurer of any changes to routings of vessels in the Red Sea. Some vessels with Israeli connections already changing their routes following the recent attack on a bulk carrier and Houthi rebels have seized a car carrier and taken it hostage in Yemen, as well as firing on ships. Ascend Broking head of cargo insurance Matt Price, says the shipping ... [+]

Ukraine insurance: time to check the small print

Marine cargo insurance specialist, Ascend Broking, is urging those transporting goods by sea to check whether their routes are affected by the war in the Ukraine.  Marine cargo specialist Matt Price says that any marine cargo that would ordinarily be using the Black Sea may well now not be covered by ... [+]