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BLACK SEA SHIPPING ADVISORY
Trouble is brewing at Middle East's two key chokepointsShipping disruptions are emerging in key Middle East oil transit routes. Concerns are rising as vessels alter voyages due to security risks...- Hormuz, Red Sea spark a 1,000% war-risk premium shockWar-risk insurance premiums have surged by as much as 1,000% as tensions across the Strait of Hormuz and the Red Sea disrupt shipping. Fres...
- 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...
- India urges caution for ships entering Black SeaIndia issued a security warning for ships in the Black Sea region. This advisory follows a recent Russian attack that killed four Indian na...
- India flags safety of seafarers in Black Sea with RussiaIndia voiced strong concern for seafarer safety in the Black Sea region. External Affairs Minister S Jaishankar met with his Russian counte...
- Wheat rises, near two-year high on Black Sea supply woesThe most-active wheat contract on the Chicago Board of Trade (CBOT) rose 0.2% to $6.83-3/4 a bushel by 0327 GMT, trading close to Friday's ...
- After Hormuz, Gate of Tears may make the world cry. What about India?The Bab el-Mandeb Strait, a key shipping route connecting Red Sea and Gulf of Aden, faces growing risks of disruption after Yemen’s Houthi ...
- Indian refiners come to the rescue of Russia’s oil exportersIndia has emerged as a key buyer of Russian crude, with imports from Moscow reaching record levels as refiners take advantage of cheaper oi...
- Saudi oil tankers bound for India, China reroute after Houthi warningTwo oil tankers carrying Saudi crude for India and China changed course. Houthi militia warned shipping companies against loading or unload...
- Kazakhstan condemns attack on vessels carrying hydrocarbons in Black SeaKazakhstan condemned UAV attacks on vessels transporting oil via the Caspian Pipeline Consortium infrastructure. These attacks are viewed a...
- Strait of Hormuz vessel crossings extend slide on fresh US-Iran attacksVessel crossings through the Strait of Hormuz decreased significantly this week. This drop occurred after a fresh exchange of attacks betwe...
- 4 Indians killed after cargo vessel attacked near Ukraine's Odesa port: MEAFour Indian crew members were killed and one was critically injured after the vessel MV Golden Leo was attacked while leaving Ukraine’s Ode...
- How a Houthi blockade in the Red Sea tightens Iran's grip on global energy suppliesYemen's Houthis declared a maritime blockade against Saudi Arabia on Monday. This action escalates regional conflict and impacts global ene...
- Russian attack on corn ship off Ukraine's Odesa kills 10A Russian missile strike killed ten people aboard a corn ship near Odesa. The Golden Leo vessel, flagged by Guinea-Bissau, caught fire afte...
- Why the Red Sea remains one of the world's most dangerous shipping routesRed Sea Shipping Route Explained: In a concerning development, Iran has alerted the world to possible disruptions in the Red Sea that threa...
- Russian attacks kill 6 in Kyiv, other cities; expose gaps in Ukraine's air defencesMoscow has in recent weeks stepped up its use of ballistic missiles as it seeks to choke off Ukrainian strikes on oil facilities deep insid...
- Ukrainian drones hit warehouses and other sites across Russia, killing 9 and wounding over 80Ukraine launched one of its largest drone attacks on Russia, striking warehouses linked to online retailer Wildberries, an oil depot near M...
- Wheat holds near two-month high after Black Sea attacksUkraine has lost about a third of its grain export capacity via Black Sea ports. The current market reaction is likely to be more limited t...
- India's war-risk insurance pool faces its first real-world testIndia's new maritime insurance pool has received its first claim. A vessel covered by the arrangement was damaged in a drone attack. This i...
- Wheat soars as Ukraine attacks on Russia seen as export riskWhile it’s not yet known if Russia’s grain flows were impacted, prices for wheat gained as much as 4.8%, the most since mid-May.
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