11:00am/11th May 2026

In this week’s Risk on the Radar podcast, Nick Maddalena and Robert Peters examine the latest geopolitical and maritime security developments. They discuss the three-day ceasefire between Russia and Ukraine beginning on 9 May, coinciding with a notably subdued Victory Day Parade in Russia. The episode also explores the resurgence of piracy, following the hijacking of three commercial vessels now anchored off the Somali coast. In the Persian Gulf, tensions remain high as merchant shipping continues to be targeted by both sides, with prospects for a U.S.–Iran agreement to reopen the Strait of Hormuz appearing increasingly distant.

Risk on the Radar is Ambrey’s weekly maritime risk and insurance podcast, delivering concise, intelligence-led insights into the events shaping global shipping, trade, and underwriting decisions.

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This podcast is provided by Ambrey for general informational purposes only and does not constitute advice. Insights reflect the situation at the time of recording and may change. Ambrey accepts no liability for any reliance placed on this content. For further information, please visit ambrey.com