{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/641280a2bd297c00117a57be/69db57de79a641a1f3c12e83?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Beyond the Strait of Hormuz: Shipping, Insurance, the \"Tehran Tollway\" and Its Global Impact","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/641280a2bd297c00117a57be/1775982038815-59ab2541-826a-49cb-aba5-b4badfe45b40.jpeg?height=200","description":"<p>Journalist Laura Westbrook speaks with Tim Huxley, CEO and director of Hong Kong-based shipowner Mandarin Shipping along with Mithun Varkey, editor-in-chief of Insurance Asia News, about the escalating conflict in the Strait of Hormuz and its global fallout. Since the Israel/US war upon Iran and Iran's subsequent attacks upon shipping and mining of the Strait of Hormuz blockade halting 20% of the world’s crude oil and LNG flows, shipping lanes have stalled and insurance premiums have surged by up to 1,000%. Over 800 stranded vessels and 10,000 crew members face mounting risk as fuel prices soar and inflation ripples through global trade. The conversation explores how the energy crisis, war risk coverage, and potential toll systems could reshape international shipping and supply chains for years to come.</p><p><br></p><p>Follow Laura Westbrook's work for Al-Jazeera, CBC and more on Instagram</p><p><a href=\"https://www.instagram.com/laurawestynews/ \" rel=\"noopener noreferrer\" target=\"_blank\">https://www.instagram.com/laurawestynews/ </a></p><p><br></p><p>Hear Mithun Varkey on the Between the Lines podcast for Insurance Asia News:</p><p><a href=\"https://shows.acast.com/between-the-lines-insurance-asia\" rel=\"noopener noreferrer\" target=\"_blank\">https://shows.acast.com/between-the-lines-insurance-asia</a></p><p><br></p><p>Find out more abut the upcoming FCC panel discussion and lunch:</p><p><strong>Club Lunch – The Shipping Forecast: Holding The World To Ransom</strong></p><p><a href=\"https://www.fcchk.org/event/club-lunch-the-shipping-forecast-holding-the-world-to-ransom\" rel=\"noopener noreferrer\" target=\"_blank\">https://www.fcchk.org/event/club-lunch-the-shipping-forecast-holding-the-world-to-ransom</a></p><p><br></p><p>Produced by Jarrod Watt</p><p><br></p><p>Theme music by Allen Youngblood</p><p><br></p><p>Cover image: USS Hawes, USS William H. Standley and USS Guadalcanal escort a tanker in the Persian Gullf on 21 October 1987. National Archives. Public Domain.</p><p><br></p><p><br></p>","author_name":"FCC Hong Kong"}