Who Pays for the Red Sea? | Shipping and Marine Insurance | Where were the EU and US navies?
July 11, 2025
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23:12Now PlayingWho Pays for the Red Sea? | Shipping and Marine Insurance | Where were the EU and US navies?
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as posted by the channelWho Pays for the Red Sea?
July 11, 2025
In this episode, Sal Mercogliano — a maritime historian at Campbell University (@campbelledu) and former merchant mariner — discusses the sinking of MV Magic Seas and Eternity C and the issue regarding War Risk Insurance and Additional Premiums; where was the European Union Operation Aspides and US 5th Fleet; and what does this mean for the consumer?
#supplychain #houthis #eternityc #RedSea #shipping #magicseas
Support What's Going on With Shipping via:
Patreon: www.patreon.com/wgowshipping
Twitter: @mercoglianos
Bluesky: @mercoglianos.bsky.social
Facebook: @wgowshipping
Email: mercoglianosal@gmail.com
Lloyd's List Seasearcher
www.seasearcher.com
The Daily View: Eternity C and Magic Seas: shipping and marine insurance in shock
Vessel Protect has 100% war risk line on Magic Seas
Travelers named as insurer that declined war risk cover for Eternity C
UK War Risks
War Risk Premiums Surge Amid Renewed Red Sea Attacks
Philippines orders crews to avoid high-risk areas as more recovered from Eternity C
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