In this week’s Risk on the Radar podcast, Nick Maddalena and Robert Peters examine the latest geopolitical and maritime security developments. They discuss the three-day ceasefire between Russia and Ukraine beginning on 9 May, coinciding with a notably subdued Victory Day Parade in Russia. The episode also explores the resurgence of piracy, following the hijacking of three commercial vessels now anchored off the Somali coast. In the Persian Gulf, tensions remain high as merchant shipping continues to be targeted by both sides, with prospects for a U.S.–Iran agreement to reopen the Strait of Hormuz appearing increasingly distant.

Risk on the Radar is Ambrey’s weekly maritime risk and insurance podcast, delivering concise, intelligence-led insights into the events shaping global shipping, trade, and underwriting decisions.

We Prepare, Support, Respond – For Every Seafarer, Every Vessel, Everywhere

Explore more >>> ambrey.com

This podcast is provided by Ambrey for general informational purposes only and does not constitute advice. Insights reflect the situation at the time of recording and may change. Ambrey accepts no liability for any reliance placed on this content. For further information, please visit ambrey.com

"This week on Ambrey's Risk on the Radar podcast, Nick Maddalena, MD of Ambrey Global Specialty and Rob Peters, Director of Risk Analytics, discuss the events of the weekend in the Persian Gulf, the Baltic and the Black Sea. President Trump's announcement of 'Operation Freedom' resulted in the escort of two commercial vessels through the Strait of Hormuz. Possibly in retaliation (although the chronology isn't clear), Iran targeted an inbound vessel, and the port of Fujairah was targeted for the 6th time."

Risk on the Radar is Ambrey’s weekly maritime risk and insurance podcast, delivering concise, intelligence-led insights into the events shaping global shipping, trade, and underwriting decisions. 

We Prepare, Support, Respond – For Every Seafarer, Every Vessel, Everywhere 

Explore more >>> ambrey.com 

This podcast is provided by Ambrey for general informational purposes only and does not constitute advice. Insights reflect the situation at the time of recording and may change. Ambrey accepts no liability for any reliance placed on this content. For further information, please visit ambrey.com

“This week on Ambrey’s Risk on the Radar podcast, Nick Maddalena and Rob Peters take a wider view of global maritime security, examining recent developments in the Baltic Sea and the Black Sea. They discuss increased USV and UAV activity, alongside nightly attacks on commercial shipping, critical infrastructure, and military facilities across the region. 

The conversation also turns to the Gulf of Aden and the wider Indian Ocean, where Pirate Action Groups have boarded two commercial cargo vessels in recent days. 

Finally, the Arabian Gulf remains in focus, with no progress in negotiations between the US and Iran. The hosts assess the seizure of two commercial vessels by the IRGC, framing it as a likely retaliation to ongoing US enforcement measures.” 

Risk on the Radar is Ambrey’s weekly maritime risk and insurance podcast, delivering concise, intelligence-led insights into the events shaping global shipping, trade, and underwriting decisions. 

We Prepare, Support, Respond – For Every Seafarer, Every Vessel, Everywhere 

Explore more >>> ambrey.com 

This podcast is provided by Ambrey for general informational purposes only and does not constitute advice. Insights reflect the situation at the time of recording and may change. Ambrey accepts no liability for any reliance placed on this content. For further information, please visit ambrey.com

“In this week’s episode, we discuss the announcement from the Iranian Ministry of Foreign Affairs on Friday afternoon declaring the Strait of Hormuz 'open' and what happened next. Vessels began transiting the Strait, only to be turned around after being hailed by the IRGC; others were targeted. By Saturday afternoon, the Strait was declared ‘closed’. What should we conclude from the weekend’s events, and how might this affect potential peace talks and a ceasefire extension? The shipping industry needs to be extremely cautious when taking media announcements at face value.”

Risk on the Radar is Ambrey’s weekly maritime risk and insurance podcast, delivering concise, intelligence-led insights into the events shaping global shipping, trade, and underwriting decisions.

We Prepare, Support, Respond – For Every Seafarer, Every Vessel, Everywhere

Explore more >>> ambrey.com

This podcast is provided by Ambrey for general informational purposes only and does not constitute advice. Insights reflect the situation at the time of recording and may change. Ambrey accepts no liability for any reliance placed on this content. For further information, please visit ambrey.com

“As initial talks fail to break through, and the US threatens a blockade of Iran, what are the implications for shipping? In this episode we consider the evolution of the US position, and its impact on risk and warranties. Plus, as the Iraqi Parliament appoints the President, why might there be an increased risk of disruption to shipping?”

Risk on the Radar is Ambrey’s weekly maritime risk and insurance podcast, delivering concise, intelligence-led insights into the events shaping global shipping, trade, and underwriting decisions.

We Prepare, Support, Respond – For Every Seafarer, Every Vessel, Everywhere

Explore more >>> ambrey.com

This podcast is provided by Ambrey for general informational purposes only and does not constitute advice. Insights reflect the situation at the time of recording and may change. Ambrey accepts no liability for any reliance placed on this content. For further information, please visit ambrey.com

“Overnight, the United States and Iran agreed to a fragile two-week ceasefire, halting direct hostilities just hours before a U.S. deadline for wider war. At the heart of the deal: Iran reopening the Strait of Hormuz, a lifeline for global oil and shipping. But the ceasefire comes with conditions. In this podcast, we break down what last night’s announcement really means for shipping—and what comes next.”

Risk on the Radar is Ambrey’s weekly maritime risk and insurance podcast, delivering concise, intelligence-led insights into the events shaping global shipping, trade, and underwriting decisions.

We Prepare, Support, Respond – For Every Seafarer, Every Vessel, Everywhere

Explore more >>> ambrey.com

This podcast is provided by Ambrey for general informational purposes only and does not constitute advice. Insights reflect the situation at the time of recording and may change. Ambrey accepts no liability for any reliance placed on this content. For further information, please visit ambrey.com

We Prepare, Support, Respond – For Every Seafarer, Every Vessel, Everywhere

Explore more >>> ambrey.com

This podcast is provided by Ambrey for general informational purposes only and does not constitute advice. Insights reflect the situation at the time of recording and may change. Ambrey accepts no liability for any reliance placed on this content. For further information, please visit ambrey.com