
Red Sea Risk
As attacks on commercial shipping to continue in the Red Sea, Lloyd’s List offers the latest insight,
analysis and commentary on how the crisis is impacting shipping markets and global trade

Largest containership since March 2024 transits Suez Canal
France-based CMA CGM has agreed to resume transits through the Suez Canal after conversations with the SCA

Israel-Iran: seatrade flows even as the bombs fly
Tanker spot rates doubled, premiums for Israel port calls up threefold. And hundreds dead

Iran and Israel spar at IMO over maritime safety
Iran has warned escalation at sea is imminent if the international community fails to hold Israel to account for recent attacks. Israel in turn called Iran ‘not a sponsor of terrorism but its engine’

Marine war risk rates stable despite Israel-Iran fighting
‘We currently consider the threat to the maritime domain to be unchanged but with a negative outlook,’ says underwriter

The week in charts: Red Sea remains 60% lower than normal | Hundreds of voyages to Iraq may be fake | Port congestion pushes up Asia-Europe rates
Red Sea traffic volumes unaffected by US-Houthi ceasefire; Nearly 400 tanker and LPG voyages to Khor Al Zubair in the first five months of 2025 were likely manipulated; Asia-Europe spot rates hit four-month highs; Imports to Los Angeles declined to just 355,950 teu in May

The ghosts of shipowners past would recognise 2025
What would those in attendance at the launch of the International Chamber of Shipping 104 years ago have made of this week's summit?

Combined Maritime Forces on war footing as Iran promises revenge
Israel launched a strike on Iran overnight that targeted nuclear sites and military facilities, and shipping is braced for what comes next

Red Sea traffic remains 60% lower than normal volumes
The security dynamics in the Red Sea may have changed, but analysis of vessel-tracking data reveals this has done little to reassure the majority of those that diverted to the Cape of Good Hope in the early days of the crisis

Some underwriters subsidising hull discounts with war risk windfall, Allianz Commercial warns
Recourse probably ruled out after dark fleet collision, Heinrich warns
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