MSC Suspends Novorossiysk Bookings After Drone Strike on Boxship
MSC has suspended new bookings to and from Novorossiysk with immediate effect after one of its containerships was struck by a drone leaving the Russian port.
US Night Convoys Move 10 Million Barrels a Day Through the Strait of Hormuz
US forces are escorting 15 to 20 tankers a night through the Strait of Hormuz on a southern route hugging Oman, moving around 10 million barrels of oil daily.
Indian Union Says Owners Are Pressuring Crews to Transit Hormuz
The Forward Seamen's Union of India says shipowners are pressing seafarers to sail through the Hormuz war risk zone against their wishes, an apparent breach of the right to request repatriation under the MLC.
Two More Tankers Attacked In The Strait Of Hormuz
Two further tankers have been attacked in the Strait of Hormuz, extending a campaign against merchant shipping in the waterway that carries a substantial share of the world's seaborne crude.
Strikes On Danube Ports Push Black Sea Grain Trade Further Into The Firing Line
Russian strikes on Ukraine's largest Danube port have damaged infrastructure and pushed the Black Sea grain trade deeper into the conflict.
Insurers Tighten War Risk Terms Across The Red Sea And Western Indian Ocean
Marine insurers have cancelled and rewritten war risk covers across the southern Red Sea and western Indian Ocean, including a twelve-month wait before a seized ship counts as a total loss.
Thai Owner Receives 11 Million Dollar War Risk Payout For Hormuz Casualty
A Thai owner has received a war risk payout of about eleven million dollars after one of its bulk carriers was attacked in the Strait of Hormuz.
Russian Operator Suspends Black Sea Bookings After Boxship Sinks
A Russian carrier has suspended Black Sea bookings after one of its container ships was sunk by drone attack, and a major liner halted Ukrainian calls.
Russia intensifies attacks on civilian shipping in Ukrainian ports
Attacks on shipping in Ukrainian ports have escalated sharply, with strikes at Mykolaiv over two consecutive days damaging vessels that in several cases had not moved since the start of the war.
War risk cover becomes the Gulf's decisive constraint
Rising war risk premiums and tightening insurance cover may now pose a greater obstacle to Gulf shipping than missiles or blockades.
Hormuz and Bab el-Mandeb transits collapse as Gulf energy flows dry up
Transits through Hormuz are down 90% and crude leaving the Gulf has fallen from 15m to about 1m barrels a day, lifting tanker earnings sharply.
US and UK convene London meeting on protecting Hormuz shipping
The United States and United Kingdom are preparing a London meeting next week on forming a coalition to protect shipping in the Strait of Hormuz.
Houthis weigh toll system for Bab el-Mandeb transits
Yemen's Houthis are studying a scheme to charge commercial ships for passage through Bab el-Mandeb.
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