War Risk Premium

Africa's maritime sector sees increased investment and energy projects, but rising piracy threatens its growth and stability.

The IMO advises against repatriating thousands of seafarers from the Gulf due to persistent risks, despite a US-Iran ceasefire

A Panama-flagged MSC containership was reportedly damaged off Iraq, marking the third incident since late February.

A cargo vessel was struck near Iraq's Umm Qasr, resulting in a large explosion and maritime security concerns.

Oil companies are aggressively securing large tankers to guarantee crude oil transport, influenced by global conflicts and a buying spree

Shipowners at Posidonia 2026 are demanding clear rules for resuming Strait of Hormuz transits, citing war-risk insurance as inadequate

Greek Maritime Minister Vasilis Kikilias underscored the need for secure global shipping due to Middle East conflicts.

May 2026 maritime review covers container price-fixing allegations and ongoing Strait of Hormuz tensions.

A product tanker and an oil terminal in the Sea of Azov were reportedly damaged by Ukrainian action.

A U.S. military missile struck the engine room of a vessel attempting to breach a blockade against Iran.

Venezuelan dirty petroleum exports surged in early 2026, driven by geopolitical shifts and a US-led blockade on sanctioned tankers.

Animal welfare organizations are intensifying efforts to ban live animal exports by sea after an Iranian attack disrupted shipments

Oman has issued a navigation warning after a suspected floating mine was sighted near the Strait of Hormuz

US naval forces reportedly disabled a small cargo ship in the Gulf of Oman, raising maritime security concerns.

Ukrainian drone attacks damaged an oil tanker and refinery in Taganrog and an oil depot in Armavir, southern Russia

Anglo-Eastern is enhancing fleet security due to the prolonged closure of the Strait of Hormuz, affecting 16 vessels and 350 seafarers

Commercial vessels in the Strait of Hormuz face potential hostile classification if they disregard U.S. military orders

Shipowners note an increase in vessel transits through the Strait of Hormuz, suggesting improved confidence in the waterway

Over half of all vessel transits through the Strait of Hormuz have been conducted with AIS disabled since March 1

Ongoing shipping disruptions in the Strait of Hormuz are rapidly depleting global oil inventories, according to a joint warning

The Trump administration seeks immediate, unrestricted commercial shipping access in the Strait of Hormuz as part of a proposed Iran…

Chevron CEO reports multiple vessel attacks in the Strait of Hormuz, highlighting persistent security risks for shipping.

About 25% of large oil tankers stranded by conflict have now navigated out of the Strait of Hormuz.

The simultaneous blockage of the Red Sea and Strait of Hormuz marks an unprecedented disruption for global shipping and logistics

A reported 60-day US-Iran ceasefire extension offers temporary relief, though long-term geopolitical questions remain.

The Strait of Hormuz shipping crisis continues for nearly 100 days, with US-Iran tensions worsening and risks to shipping unchanged

NorthStandard reported stronger financial results for the 2025/26 insurance year, expanding services for shipowners facing growing risks.

Military exchanges between the US and Iran have increased oil prices and reduced hopes for a Strait of Hormuz deal.

The US and Iran have reportedly agreed to a ceasefire framework, pending presidential approval, following recent regional attacks

Maersk has denied a consultant's report claiming one of its vessels transited a dangerous Middle East shipping route.