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OIL SHIPPING INSURANCE COSTS
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...- 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...
- Indian refiners halt Iraq oil loadings on rising Hormuz riskDue to heightened security worries, Indian refiners have paused crude oil loadings from Iraq, with major players like Indian Oil Corp. and ...
- 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 ...
- 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...
- $120 crude oil scare is back & India has plenty at stakeGoldman Sachs has warned Brent crude could rise above $120 a barrel if disruptions in the Strait of Hormuz persist. For India, which import...
- 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...
- 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...
- Dark ships and Oman transfers indicate Hormuz transits continueShip-to-ship transfers are occurring off Oman's coast, indicating continued Strait of Hormuz transit. Satellite images show tankers off Fuj...
- Iran tells Houthis to close Red Sea gateway if US hits power network, sources sayIn a significant escalation, Iran has directed Houthi militias to get ready to obstruct the Red Sea oil passage should the United States ca...
- Talks for release of 3 ships held by Somali pirates in advanced stage: SourcesRansom talks for three hijacked vessels and their crew are progressing well. These negotiations involve registered countries, ship owners, ...
- Oil is crude once again! Is $95 the new normal and what it means for Indian investors?Crude oil prices are rising again due to escalating Middle East tensions. This surge impacts India's import costs and government finances s...
- Attacks on seafarers hit hiring, raise costs for shipping companiesThe recent spate of attacks on commercial vessels is significantly impacting the recruitment of Indian seafarers and driving up associated ...
- India can find alternative sources for crude, but LPG at risk: ExecutivesIndustry executives said India should be able to source alternative crude and LNG supplies, albeit at higher prices. LPG supplies, however,...
- After Hormuz, Iran turns to Red Sea gateway as new pressure pointIran is signaling potential closure of the Bab el-Mandeb Strait via its Houthi allies. This move risks disrupting global trade and vital en...
- Trump's Strait of Hormuz Plan Explained: Can the US charge ships and what it means for IndiaStrait of Hormuz Explained: US President Donald Trump's proposal to impose a 20% charge on cargo passing through the Strait of Hormuz has s...
- Could oil prices spike further? Inside the fragile US-Iran stance in the GulfGeopolitical tensions in the Middle East have escalated after attacks on commercial vessels. Iran's objective appears to be expanding its s...
- Hormuz ship insurance demand drops as owners get nervousLondon marine insurers report fewer transit inquiries for the Strait of Hormuz. Shipowners show growing caution as US and Iran exchange att...
- India's crude imports remain resilient despite Strait of Hormuz tensionsIndia's crude oil imports are insulated from Hormuz Strait tensions currently. Refiners have successfully diversified their import portfoli...
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