Decks and Deals Weekly #40
The period 20–25 April 2026 produced the most intense maritime standoff since the tanker wars of the 1980s: the Hormuz blockade turned fully kinetic, Brent crossed $100, and six vessels were seized
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WAR RISK INSURANCE
One nautical mile
Iran declared the Strait of Hormuz open for commercial shipping — then reversed course thirty hours later. The Notice to Mariners it published tells a different story than the headlines did
The Strait of Hormuz is “open” — and almost nobody believes it
Iran declared the Strait of Hormuz fully open yesterday. Stocks surged, oil prices fell, and headlines celebrated. The tankers, however, did not move
Decks and Deals Weekly #36
Between 15 and 21 March 2026, global shipping faced its most compressed week of crisis and calculation — war insurance at 5%, a collapsed record fixture, a proxy fight, and Trump walking away from Hormuz
Resilience of global shipping routes: The Red Sea reopens, cautiously
The resilience of global shipping routes reasserts itself as Maersk cautiously returns vessels to the Red Sea, pressing the slow revival of the Suez Canal corridor amid lingering security concerns and cost dynamics reshaping world trade
The strike that shifted the Strait
Security of key maritime routes (Persian Gulf, Gulf of Oman, Strait of Hormuz) is under unprecedented scrutiny after Israel’s pre-emptive strike against Iran on 13 June 2025, raising alarm across the global shipping sector