US Tightens Grip on Iran’s Hormuz Insurance Network: OFAC Targets Alleged Maritime Extortion Scheme

The United States has significantly intensified its sanctions campaign against Iran by targeting what it describes as an Islamic Revolutionary Guard Corps (IRGC)-backed maritime insurance extortion network operating in the Strait of Hormuz. The latest measures, announced by the US Treasury’s Office of Foreign Assets Control (OFAC), include sanctions against […]

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CMA CGM Introduces Emergency Fuel Surcharge as Strait of Hormuz Tensions Push Bunker Costs Higher

Global container shipping giant CMA CGM has announced the introduction of an Emergency Fuel Surcharge (EFS) across its worldwide services following the renewed escalation of hostilities in the Strait of Hormuz, one of the world’s most strategically important maritime trade corridors. According to an official company notice dated Tuesday, the […]

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Red Sea Tensions Escalate: Houthi Threats to Saudi Port Shipping Raise Fresh Alarm for Global Maritime Trade

The maritime industry is facing another major security challenge as Yemen’s Houthi movement has issued a direct warning to international shipping companies, stating that vessels calling at Saudi Arabian ports could become legitimate targets. The development significantly raises the risk profile for commercial shipping in the Red Sea and comes […]

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Civilian Seafarers Caught in the Crossfire: How the Settebello Strike Exposed the Growing Risks of Shadow Fleet Operations

Three Indian seafarers lost their lives after a U.S. missile strike targeted the shadow fleet tanker Settebello, raising serious questions over maritime safety, blockade enforcement, and the protection of civilian merchant crews. Civilian Seafarers Become Victims as Shadow Fleet Tanker Settebello is Struck in Gulf of Oman The deaths of […]

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