Dryad Global: War risk insurance premiums climb by 12–15%

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Dryad Global has issued its latest maritime security brief, highlighting how Red Sea attacks to NATO patrols and cyber incidents, commercial shipping faces mounting risks and disruptions.

Iranian-backed Houthi rebels have intensified attacks on vessels linked to Israel, the U.S., and U.K. in the Red Sea region, sinking ships and kidnapping crew.

In July 2025, Houthis threatened 64 companies for violating a blockade of Israeli ports. Since November 2023, they’ve launched128 attacks, including the July 8 sinking ofETERNITY C. A recent Israeli naval strike targeted Houthi infrastructure. With 10–12% of global trade at risk, maritime operators are urged to reroute, disable AIS, avoid Yemen’s coast, and follow best security practices.

In August 2025, NATO increased maritime patrols in the North Sea and Baltic Sea to counter Russian aggression and protect undersea infrastructure. As part of the “Baltic Sentry” mission, ships from several NATO countries are conducting anti-submarine operations amid heightened Russian activity, including monitoring the vessel Admiral Vladimirsky.

Oil and LNG tankers face increased scrutiny due to Russia’s shadow fleet and sanctions evasion. This may lead to more inspections, AIS checks, and possible delays, especially near chokepoints like the Danish Straits. While disruptions are minimal so far, NATO’s military presence could impact commercial shipping transit times.

What this means for the maritime industry?

This week’s developments highlight once again the multi-dimensional nature of maritime risk: