A bird flies near the Jag Vasant vessel transferring LPG at a port after transiting the Strait of Hormuz amid supply disruptions linked to the U.S-Israeli conflict with Iran, in Mumbai

Maritime Risks Linger as Strait of Hormuz Declared Open by Authorities

The global shipping sector is wary despite claims from Washington and Tehran that the Strait of Hormuz is “open.” Iran’s conditions for vessel movement and lingering threats from mines and military controls complicate the situation. Industry representatives urge caution amid unresolved risks, advising operators to reassess their routes through the region.

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Insurer Releases Heavy Weather Alert Tool

Insurer Launches Heavy Weather Alert Tool to Mitigate Maritime Risks and Reduce Claims

The Swedish Club, a maritime insurance specialist, has reported over $25 million in claims due to heavy weather incidents in the past five years. To address this issue, they have introduced a new Heavy Weather Alert tool to provide timely loss prevention advice to insured vessels operating near severe weather patterns.

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