Additional war risk insurance premiums paid when ships sail through the Red Sea have increased by up to two percent of the ship's value.

First-half earnings in Asia revealed that the ongoing impact of the Red Sea crisis will continue to be a costly burden for companies that manufacture goods for export, while companies that transport these goods benefit from higher freight rates as the crisis deepens.

He considered that the Houthi militias had proven that building the capacity to operate in the maritime domain is possible for a non-state actor with no maritime tradition.