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Middle East Conflict Drives Spike in War Risk Insurance Costs
Tehran’s reprisals have doubled the price of insuring shipments to the Middle East and the Gulf in the last week, insurance sources said on Monday. War risk insurance premiums for shipments to the Middle East Gulf have jumped to 0.5% from around 0.2-0.3% a week ago, as risks grow to the critical Strait of Hormuz, the sources said.
Shipping On High Alert In Mideast After US Strikes On Iran
Jun 22, 2025, 5:10 AM (Bloomberg) –The shipping industry was placed on high alert on Sunday with warnings that Tehran could retaliate against commercial vessels following after US airstrikes against Iran’s nuclear facilities.
Ambrey: Israeli Ships Told to Avoid Red Sea as U.S. Considers Intervention in Israel-Iran Conflict
Maritime security firm Ambrey reports that Israel-affiliated vessels face high risks in the Red Sea region as tensions escalate between Israel and Iran, with potential U.S. involvement raising additional concerns.
Israel–Iran conflict: Straits of Hormuz closure
Mid-June saw a dramatic escalation of the long simmering conflict between Israel and Iran, with Israel’s air attacks on Iran nuclear facilities and targeting of Iran’s high-ranking military and scientific personnel.
Ships’ Electronics Increasingly Jammed Since Israel Struck Iran
Jun 13, 2025 (Bloomberg) —Israel’s airstrikes on Iran have led to increased jamming of the signals of vessels operating in the Middle East, the world’s largest oil producing region, a multinational naval force protecting maritime trade said.
MSC faces criminal charges in India shipwreck
The Kerala Police have registered a criminal case against the Mediterranean Shipping Company (MSC), one of the world’s leading shipping firms, in connection with the sinking of its Liberia-flagged vessel MSC ELSA 3 off the coast of Kerala.
