Gulf of Aden

Red Sea

Red Sea security changes and Baltic deployments have altered ocean access routes.

More recently, commercial access to the oceans has been changed by incremental moves by carriers back in the direction of the Suez Canal; continuing security risks offshore in the Red and Black Seas; and an increased naval tempo in the Baltic. Carriers, insurers and regulators are adjusting routing, risk premiums and enforcement to try and find an optimum balance between efficient schedule operation and mitigating geo-political and maritime security risk.

Naval and Defense

Global Naval and Defense Developments Highlight Increasing Maritime Competition

Of late it would seem that navies and defence ministries have made substantial strides on key carrier, submarine and surface-combatant programmes in the face of regional tensions. NATO completed carrier strike integration; Brazil and Poland picked up the pace on submarine modernisation; and, on the surface side South Korea announced yet another advanced frigate. Handy, uniform regional moves by them tell us of their growing emphasis on deterrence, autonomous systems, and forward naval presence across multiple theatres.