Iran has announced a new maritime development near one of the world’s most critical shipping routes. The naval wing of the Islamic Revolutionary Guard Corps (IRGC) has introduced a designated passage known as the “Larak Corridor,” located between waters south of Hormuz Island and Larak Island. According to state media […]
Read moreThe outbreak of hostilities in the Persian Gulf has sent shockwaves through global shipping markets, raising urgent legal questions for shipowners and charterers. From safe port obligations to war risk clauses and force majeure, contractual frameworks are being tested in real time. Region on Edge On 28 February 2026, US […]
Read moreThe IMB Piracy Reporting Centre recorded 16 incidents between January and March 2026, with Southeast Asia continuing to dominate the global count as Somali and Gulf of Guinea waters show signs of improvement. We have received the Q1 2026 Piracy and Armed Robbery Report from the International Maritime Bureau Piracy […]
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