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MARITIME RISK MANAGEMENT
FinMin launches Protection & Indemnity Insurance product under Bharat Maritime Insurance PoolIndia's Department of Financial Services launched a new sovereign-backed P&I insurance product. This product is designed by New India Assur...- US Iran war: Trump resumes air strikes following missile attack on American base in JordanUS Iran war news: The United States resumed air strikes inside Iran following a ballistic missile attack on a Jordan base. Iran's attempted...
- On Edge: The Great Nicobar project faces a great engineering questionIndia plans a major infrastructure project on Great Nicobar Island. This development aims to boost maritime trade and reduce foreign port r...
- Yemen's Houthis considering fees for ships sailing through Red Sea, sources sayYemen's Houthi faction is exploring the potential of levying fees on maritime traffic in the southern Red Sea. This fee proposal emerged fr...
- Iran rules out Oman's proposal for regional joint management of Hormuz Strait, senior Iranian official tells ReutersIran has rejected Oman's proposal for joint management of the Strait of Hormuz. A senior Iranian official stated the plan has no chance of ...
- Investor interest in Indian shipyards hinges on faster execution: DrewryForeign investors are evaluating Indian shipyards for future opportunities. The nation must quickly expand capacity and strengthen its supp...
- Oil Price Today (July 28): Crude oil dips 10% in two sessions as US, Iran mull peace talks. What are experts saying?Brent crude futures were down $0.78, or 1%, at $88 a barrel, while US West Texas Intermediate crude fell $0.88, or 1.1%, to $82. Both bench...
- Explained: Why crude oil prices tumbled over 9% to below $90/bbl in one dayCrude oil prices plunged more than 9% to $88 a barrel after the US paused strikes on Iran and Tehran signalled restraint, boosting hopes of...
- US military says it fired on another merchant vessel trying to breach its blockade of Iranian portsThe US disabled a second merchant vessel enforcing its blockade of Iranian ports as Iran targeted US-linked bases across the Gulf. Fighting...
- All 28 Indian crew safe after tanker attacked in Iranian waters: Indian Embassy in TehranAll 28 Indian crew members aboard the LPG tanker Disha are safe following an attack. The Indian Embassy in Tehran confirmed their well-bein...
- Houthis claim attacks on Saudi tankers in Red Sea, raising risk of new chokepoint in Iran warHouthi militants claimed strikes on two Saudi oil tankers, raising Red Sea shipping risks. The United States launched new strikes on Iran, ...
- US strikes Iran and Bahrain warns of incoming fire as clashes over shipping routes escalateBahrain activated sirens amid escalating U.S. and Iran strikes over the Strait of Hormuz. Yemen's Houthi rebels targeted Saudi oil tankers,...
- Oil crosses $100: A 'perfect hurricane' can trigger bigger shock soonBrent crude has surged past $100 as escalating Middle East tensions threaten two critical oil chokepoints — the Strait of Hormuz and Bab el...
- More tankers turn back as Houthi threat rattles Red Sea oil tradeHouthi militia warnings are causing tankers to change course in the Red Sea. Two vessels altered their destinations to the Suez Canal after...
- Recurring West Asia tensions force MSME exporters to prioritise resilience over cost savingsIndustry officials say recurring geopolitical disruptions, rising freight costs, and shipping uncertainty are making supply chain resilienc...
- Shipowners offer huge bonuses to get crews to sail HormuzSeafarers face a stark choice between financial rewards and personal danger. Many crews are refusing these dangerous voyages despite the bo...
- Iran-linked tankers U-turn, zig-zag as US enforces blockadeUS sanctions on Iranian shipping have been reimposed, impacting tanker movements. Several Iran-linked tankers changed course in the Gulf of...
- Pirates allegedly hijack chemical tanker off Yemen coast in Gulf of Aden: ReportArmed assailants boarded the chemical tanker Asana in the Gulf of Aden off southern Yemen on Friday and are believed to have taken control ...
- India asks shipowners to avoid deploying seafarers through Strait of Hormuz after attacksIndia's maritime authority has advised against deploying seafarers in the Strait of Hormuz. This directive follows recent attacks on mercha...
- DG Shipping to monitor Indian seafarers irrespective of vessel flag: Sarbananda SonowalIndian seafarers in West Asia will now be monitored by the Directorate General of Shipping. A new dashboard will provide real-time informat...
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