The Maritime
Dry Bulk Freight Index2,632 -1.2%Capesize4,067 -1.8%Dirty Tanker Index2,607 +0.2%Panamax1,995 +0.4%Supramax1,628 -1.2%Clean Tanker Index1,453 +1.5%Handysize896 -0.4%Dry Bulk Freight Index2,632 -1.2%Capesize4,067 -1.8%Dirty Tanker Index2,607 +0.2%Panamax1,995 +0.4%Supramax1,628 -1.2%Clean Tanker Index1,453 +1.5%Handysize896 -0.4%Dry Bulk Freight Index2,632 -1.2%Capesize4,067 -1.8%Dirty Tanker Index2,607 +0.2%Panamax1,995 +0.4%Supramax1,628 -1.2%Clean Tanker Index1,453 +1.5%Handysize896 -0.4%Dry Bulk Freight Index2,632 -1.2%Capesize4,067 -1.8%Dirty Tanker Index2,607 +0.2%Panamax1,995 +0.4%Supramax1,628 -1.2%Clean Tanker Index1,453 +1.5%Handysize896 -0.4%Dry Bulk Freight Index2,632 -1.2%Capesize4,067 -1.8%Dirty Tanker Index2,607 +0.2%Panamax1,995 +0.4%Supramax1,628 -1.2%Clean Tanker Index1,453 +1.5%Handysize896 -0.4%Dry Bulk Freight Index2,632 -1.2%Capesize4,067 -1.8%Dirty Tanker Index2,607 +0.2%Panamax1,995 +0.4%Supramax1,628 -1.2%Clean Tanker Index1,453 +1.5%Handysize896 -0.4%
Tools · Risk

War-Risk Premium Estimator

Extra war-risk insurance is charged as a percentage of hull value to transit a listed war-risk area. Size that premium for a voyage — the rate for each area is anchored to reported market levels and adjusted for current incident activity.

An estimate, not an insurance quote. Actual war-risk rates are set per-fixture by underwriters and are not public. Each area's base rate is anchored to reported market levels and scaled by the recent incident activity shown below — a transparent model, not a firm price. Confirm any figure with your broker.

Build the voyage

$million
Areas transited

Estimated premium

for this transit, at the current rates

Select the war-risk areas your voyage passes through.

Listed war-risk areas

The current estimated rate for each area, and the recent incidents driving it. Base rate is the anchored market level; the current rate scales it by activity over the last 90 days.

Black Sea & Sea of Azov

Russia–Ukraine war zone; mines and strikes on ports.

1.45%
base 1%
Severe18 incidents in 90 days · 20 in a yearchokepoint
  • Vessel Sinks A Week After Being Struck By Russian FireJul 26, 2026
  • Drone strike on NELSA tankerJul 22, 2026
  • M/V GOLDEN ROSE struck by military weaponJul 21, 2026

Southern Red Sea & Gulf of Aden

Houthi missile/USV threat; the driver of the Cape diversion.

0.8%
base 0.5%
Severe24 incidents in 90 days · 24 in a yearchokepoint
  • Saudi strikes on Houthi facilitiesJul 26, 2026
  • Houthi attacks on Saudi oil tankersJul 26, 2026
  • Houthi Attack on Saudi Aramco RefineryJul 25, 2026

Persian Gulf & Strait of Hormuz

Seizure/attack risk amid Iran tensions.

0.33%
base 0.15%
Severe57 incidents in 90 days · 63 in a yearchokepoint
  • U.S.-Saudi Strikes on Iran-Backed Armed GroupsJul 29, 2026
  • Iran forces six ships to turn around near Omani coastJul 27, 2026
  • Iranian attacks on US basesJul 26, 2026

Gulf of Guinea

Piracy/kidnap-for-ransom belt off West Africa.

0.05%
base 0.05%
Calm0 incidents in 90 days · 1 in a year
  • Incidents in Gulf of GuineaJan 1, 2026

Somali Basin & Indian Ocean HRA

Somali piracy high-risk area.

0.05%
base 0.05%
Elevated1 incident in 90 days · 2 in a year
  • Confirmed Pirate Boarding of a Bulk Carrier in the Gulf of AdenJul 1, 2026
  • Slight resurgence of Somali piracyApr 1, 2026