Marine underwriters extend high risk areas

Joint War Committee decision will see more owners subject to additional premiums

SHIPOWNERS will almost certainly find themselves paying substantial hull war premiums for calls to west coast Saudi Arabia ports after marine underwriters this morning unveiled an amended list of high-risk areas in the region.

The move was explicitly justified by last week’s attacks on Saudi nexus tankers in the Red Sea perpetrated by the Tehran-aligned Houthi faction in Yemen.