War Risk Premium

Seafarers are increasingly exposed to geopolitical risks, a critical but often overlooked aspect of global supply chain operations.

Vessel routes in the Black Sea are now hugging coastal areas to evade drone attacks by Russian and Ukrainian forces

Ongoing tensions in the Middle East persist, leading to continued attacks on commercial vessels in the Strait of Hormuz.

Wheat futures hit a two-year high of $6.80 per bushel due to Black Sea tensions and worsening crop prospects

Atradius warns that a sustained closure of the Strait of Hormuz could push the world economy into recession.

Geopolitical tensions in the Red Sea and Strait of Hormuz are straining war risk insurance, affecting shipping routes and costs

Ukraine's corn trade has stalled due to port attacks, causing shipping delays and deterring international buyers

Oil prices rose in volatile trading due to escalating Middle East tensions and new threats to Red Sea shipping.

Renewed hostilities in the Strait of Hormuz are undermining shipping confidence, making the critical oil chokepoint dangerous.

Two Saudi crude tankers reversed course in the Red Sea after Houthi threats, disrupting shipping through vital chokepoints

Renewed hostilities between Iran and the US are raising concerns about the global energy market and broader economic stability.

The global maritime sector is navigating persistent labor deficits and increasing geopolitical instability, moving away from predictable…

Three commercial vessels were reportedly attacked in the Strait of Hormuz and off the UAE coast within 48 hours.

A commercial tanker reported a drone or missile strike near the Strait of Hormuz, escalating maritime security concerns.

A second Dynacom-owned tanker was reportedly struck in the Strait of Hormuz, highlighting ongoing maritime security risks.

Over 700 tankers are operating in the Arabian Gulf as geopolitical tensions reignite around the Strait of Hormuz

Russia is now the primary flag state for the shadow fleet, re-registering 69 sanctioned tankers since November 2025.

Iran's IRGC Navy claims all maritime traffic in the Strait of Hormuz has stopped due to US actions.

Wheat futures hit two-year highs as military attacks in the Black Sea region threaten grain shipments

A merchant tanker's crew evacuated the vessel after it was struck by an unknown projectile near the Strait of Hormuz.

A Russian missile strike on a corn ship near Ukraine's Odesa port killed 10 people, intensifying Black Sea conflict risks

Oil transfers in the Gulf of Oman have slowed due to recent Iranian attacks on vessels, increasing security concerns

Amphitrite Underwriting London has appointed Jack Thompson as a war underwriter to bolster its marine war risk services.

The Houthi movement has threatened Saudi Arabian shipping, pointing to an ongoing blockade as the reason

France is reconfiguring its naval forces in the Arabian Sea, including the recall of an aircraft carrier.

Saudi Arabia's growing dependence on Yanbu exports exposes crude shipments to Houthi attacks near the Bab el-Mandeb Strait.

Attacks on Dynacom vessels have brought shipping in the Strait of Hormuz to a near standstill, underlining heightened risks

An oil tanker halted in the Strait of Hormuz after Iranian naval actions, raising concerns about escalating Middle East hostilities

Vessel transits through the Strait of Hormuz have fallen by 90% compared to pre-conflict levels, Clarksons Research indicates

A Russian strike on the Golden Leo vessel has resulted in five fatalities and five missing crew members