Underwriters declined war risk cover for final voyage of Eternity C

Additional premiums for Red Sea transits now hitting 1% of hull price, with further hardening expected

A well-known marine underwriter declined to write war risk cover for the final voyage of Eternity C ( IMO: 9588249), the Greece-operated bulk carrier that sunk with the loss of four lives after a Houthi attack on Monday, according to multiple London market sources.