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WEST ASIA SHIPPING RISKS
Hormuz vessel transits steady at 3 daily amid shipping risksDaily vessel transits through the Strait of Hormuz remained steady at three. This data covers the period from July 22 to July 24. Shipping ...- US business activity hits 8-month high but supply strains, costs riseUS business activity expanded at its fastest pace in eight months during July. Strong domestic demand for services offset cooling factory p...
- Indian seafarer killed in Black Sea attack on commercial vessel; MEA condemns strikeOne Indian national died after a commercial vessel was attacked in the Black Sea. Two other Indian crew members aboard the MV Omorfi are re...
- Tanker switches Asia voyage via Suez amid Houthi warnings, owner saysThe Torm Innovation tanker will navigate the Suez Canal to Asia. This decision follows Houthi threats impacting shipping in the southern Re...
- 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...
- 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...
- 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...
- Oil Price Today (July 23): Crude oil crosses $95 as US strikes enter 12th day. Why Goldman says $120 is possible?Brent crude futures rose $1.93, or 2%, to $96 a barrel, their highest level since June 8. The benchmark had ended the previous session more...
- 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...
- Trade all at sea: Freight rattled by delays, ship shortages and port congestion as West Asia conflict flares up againRenewed conflict in West Asia is significantly disrupting India's exports, with exporters facing container shortages and limited vessel ava...
- 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 ...
- Fertiliser vessels stuck at ports, raise supply fears for peak kharif sowingFertiliser vessels are stranded at Indian ports, hindering crop nutrient supplies. Sowing has accelerated after rainfall revival, increasin...
- Fertiliser vessels stuck at ports, raise supply fears for peak kharif sowingFertiliser vessels are stranded at Indian ports, hindering crop nutrient dispatch. This congestion raises concerns over timely supplies dur...
- 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...
- Pilots' association urges govt to suspend flights to UAE, other high-risk Gulf destinationsIndian pilots urged suspending flights to the UAE and Gulf nations. They cited worsening security and explicit threats to Dubai and Abu Dha...
- West Asia crisis, uncertain monsoon major risks for growth: RBI Governor Sanjay MalhotraReserve Bank Governor Sanjay Malhotra noted West Asia crisis and weak monsoon pose growth risks. India's economy grew over seven percent re...
- 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...
- 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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