War Risk Premium

Yemen's Houthi movement aims to replicate Iran's Strait of Hormuz strategy by disrupting Red Sea shipping

Tanker crossings in the Strait of Hormuz have dropped significantly, with vessels opting for the Iranian route.

High bunker prices and the Strait of Hormuz crisis are accelerating shipping decarbonization efforts to cut costs and boost efficiency

Global LPG markets saw a temporary recovery in July, boosted by US exports, before a US-Iran vessel incident curtailed progress

Attacks targeting Ukrainian ports and commercial vessels have reportedly intensified, raising concerns for Black Sea shipping.

Novorossiysk, Russia's largest Black Sea oil port, has resumed crude loadings after a halt due to weather and drone attacks

Donald Trump shared AI-generated images on Truth Social showing US forces seizing and destroying Iranian oil tankers.

Kuehne+Nagel CEO Stefan Paul asserts the Gulf landbridge cannot substitute Hormuz shipping due to port congestion and renewed attacks

Saudi Arabia's oil exports are increasingly dependent on the Suez Canal due to rising Red Sea risks.

Iran will reportedly halt attacks if the US continues its pause on air strikes after a two-week bombing campaign

Shipping traffic through the Bab el-Mandeb Strait fell after Houthi attacks on Saudi oil installations.

A Russian attack on a Danube freighter has left two crew members missing, underscoring regional shipping risks

Tanker freight rates are rising as Red Sea tensions and Houthi threats against Saudi ports cause transit delays and diversions

Houthi forces announced a naval blockade targeting Saudi, Israeli, and US-linked vessels, with Saudi crude exports continuing.

Escalating geopolitical tensions in the Strait of Hormuz and Bab el-Mandeb threaten global shipping routes and freight operations

A recent LMAA award provides key insights into VOYWAR 1993, focusing on alternative port orders and contract frustration

Shipowners have suspended access to Ukrainian ports due to concerns over Russian attacks, impacting Black Sea trade.

The Iran conflict has reportedly broadened to include the Red Sea and Caspian Sea, despite a pause in US airstrikes

An international cargo vessel sank off Odesa, Ukraine, a week after being hit by Russian forces, underscoring Black Sea shipping risks

The U.S. military engaged a merchant vessel attempting to breach its blockade of Iranian ports amid ongoing regional tensions

Three maritime clashes between China and the Philippines in the South China Sea have escalated tensions, with US presence increasing

Houthi militants targeted Saudi oil facilities in two Red Sea port cities, escalating regional tensions and maritime security concerns

Saudi Arabia told the UN Security Council that Houthi claims of blockading Yemeni ports and airports are misinformation.

Shipping risks in the Strait of Hormuz remain high, with reduced AIS traffic and elevated war-risk premiums impacting operations

Oil prices climbed above $100 per barrel after Houthi forces attacked two Saudi tankers in the Red Sea.

Tanker crossings in the Strait of Hormuz reached a two-month low amidst regional shipping risks and rising oil prices

Iran's military command warns of blocking all West Asian oil exports and targeting energy infrastructure if the US attacks.

Two Chinese supertankers carrying Saudi oil exited the Red Sea via the Bab el-Mandeb strait, navigating Houthi threats

Saudi oil tankers face a $5 million per shipment surcharge due to Houthi attacks forcing reroutes around Africa.

Ocean freight rates from South Asia to the US and Europe surged by 50% in two weeks due to capacity cuts and Hormuz tensions