Houthi-sunk bulker leaves shipowner and operator locked in $5m battle

Lebanese insurer says war exclusion clauses rule out any payout on hull policy

Gone, but not forgotten — the Rubymar is at the centre of a $5m legal dispute after being sunk by Houthi missiles. — Gone, but not forgotten — the Rubymar is at the centre of a $5m legal dispute after being sunk by Houthi missiles.Photo: US Central Command

Paul Peachey

TradeWinds correspondentLondon

Published 4 July 2025, 06:31Updated 4 July 2025, 08:58

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