Gulf War Risk Insurance Pulled as Reinsurers Exit
The global marine insurance market is rapidly retrenching from the Persian Gulf as escalating military conflict between the United States, Israel, and Iran
The global marine insurance market is rapidly retrenching from the Persian Gulf as escalating military conflict between the United States, Israel, and Iran
The escalating military conflict in the Middle East has placed seafarers and port workers on the front lines of a geopolitical crisis, prompting urgent calls
Within hours of launching Operation Epic Fury on Iran, U.S. forces struck the Shahid Bagheri, Iran’s first dedicated drone carrier, according to the
The brief reprieve in Red Sea shipping attacks ended this weekend as Yemen's Houthi movement signaled an imminent return to targeting commercial vessels,
The Strait of Hormuz has entered its most dangerous phase in years after a concentrated wave of missile and drone attacks struck five commercial vessels across
Oil and gas prices surged as Israeli and U.S. strikes on Iran disrupted Middle East facilities and shipping through the Strait of Hormuz. Four tankers damaged,
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Qatar shut down LNG production at the world's largest export facility after an Iranian drone attack, sending European gas prices surging over 50%.
Secretary of War Pete Hegseth stood at the Pentagon press podium this morning and named Iran’s threat to “global shipping lanes” as a core
By Lori Ann LaRocco – Three vessels involved in the transport of sanctioned Iranian oil have been struck in the first 24 hours of Operation Epic Fury. Oil
A Crowley-managed product tanker was struck by projectiles while berthed at the Port of Bahrain early Monday, killing one shipyard worker and injuring two
A venture that’s taken a dominant position in the global market for oil supertankers is asking for sky-high charter fees to deliver Middle East crude as the
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Qatar halted its production of liquefied natural gas on Monday as Israeli and U.S. strikes against Iran and Tehran's retaliation prompted precautionary
By Emily Chow and Jeslyn Lerh SINGAPORE (Reuters) – Marine insurers are cancelling war risk coverage for vessels and oil shipping rates are set to surge
In-water hull cleaning is often treated as a necessary operational response to heavy fouling. However, when cleaning is performed reactively (after
Russia’s Arctic LNG shadow fleet appears to be operating largely undeterred by escalating conflict in the Middle East, with at least seven tankers recently
The world’s most vital energy artery is under siege. Following coordinated U.S. and Israeli strikes that killed Iran’s Supreme Leader Ayatollah Ali
Belgian forces have boarded and seized the shadow fleet tanker Ethera in the North Sea, escorting the vessel to the port of Zeebrugge in what officials
U.S. Central Command has confirmed the sinking of an Iranian Jamaran-class corvette at a pier in Chah Bahar during the opening hours of Operation Epic Fury,
There are moments when geopolitics feels distant from daily life. This is not one of them. By Paul Morgan (gCaptain) – With confirmed US–Israeli
Trump's strikes on Iran threaten the Strait of Hormuz, a critical chokepoint for 20% of global oil supply. Traffic has dropped sharply as Iran's 3.3M barrel
A U.S.-sanctioned oil tanker was attacked off Oman's coast near the Strait of Hormuz, injuring four crew members. The strike marks the first attack on Oman
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At least 150 tankers dropped anchor in Gulf waters after U.S.-Israel strikes on Iran, with Tehran threatening to close the Strait of Hormuz—a chokepoint for
Tankers Vessel tracking data show the magnitude in the amount of trade trying to safely navigate around the U.S./Israel strikes on Iran and Iran’s
US and Gulf allies face critical missile interceptor shortages as Iran launches sustained strikes. Stocks could run dry within days while Iran maintains
Oil and gas tankers are avoiding the Strait of Hormuz after ships received radio broadcasts purporting to ban transit following US-Israel strikes on Iran. A
U.S.-Israeli strikes on Iran and Tehran's retaliatory attacks across the Persian Gulf are disrupting oil exports from a region that supplies 20% of global
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