Nick and Raal open the episode in the middle of a rapidly evolving geopolitical crisis. Following airstrikes involving the US, Israel and Iran, the Strait of Hormuz, the critical chokepoint connecting the Arabian Gulf to global shipping lanes, has reportedly been closed by the Iranian Revolutionary Guard. With around 3,200 vessels trapped inside the Gulf, the hosts explore the immediate implications for global shipping, energy markets and the tens of thousands of seafarers now operating in a conflict zone.The conversation begins with the human reality at sea. Estimates suggest 50–60,000 seafarers are currently aboard ships stranded in the region, highlighting once again how maritime workers often find themselves caught in geopolitical crossfire. Nick explains why merchant vessels are particularly exposed: unlike naval ships, they have no defensive capability against drones or missile attacks, making even routine transits through the strait fraught with risk.From there, the discussion turns to markets. The Strait of Hormuz handles roughly 20% of global oil and gas exports, and the disruption has already sent energy prices sharply higher. Shipping markets have reacted even faster, with VLCC tanker rates reportedly jumping from recent highs of $132k per day to well over $400k per day, illustrating how geopolitical shocks can rapidly reshape maritime economics.The hosts also explore the broader ripple effects: war-risk insurance disappearing overnight, container ships potentially stranded inside Gulf hubs, and crew-change logistics thrown into chaos as major aviation hubs close. The episode closes by examining how crises like this often become inflection points, accelerating investment in maritime security, risk intelligence and new technologies across the industry.Chapters01:09 Strait of Hormuz closure and ships trapped in the Gulf07:45 Seafarers caught in the conflict zone12:36 War-risk insurance collapses16:10 Energy markets and inflation ripple effects22:30 Supply chain disruption and container impacts24:20 Crew-change crisis and aviation hubs27:18 Maritime security risks and ISPS response44:57 New maritime risk intelligence tools47:33 Emerging digital roles in shipping companiesLinksThe Mission to Seafarers: https://www.missiontoseafarers.org/our-app

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