March 25, 2025
Russia and the United States will discuss resuming a deal to ensure the safety of merchant shipping in the Black Sea, the Kremlin said on Monday, noting that what Moscow saw as key parts of an earlier agreement on the …
March 1, 2024
Insurance broker Marsh McLennan, the Ukrainian government and Lloyd’s have announced a major expansion of the Unity insurance facility – a public-private partnership originally launched in November 2023 to provide war risk insurance for grain shipments and other critical food …
January 19, 2024
Ukraine is working “intensively” with partners to restore air travel suspended for nearly two years, with the main focus on Boryspil International Airport outside the capital Kyiv, a presidential official said on Thursday. Ukraine’s airspace was abruptly closed by Russia’s …
November 9, 2023
United Nations Secretary-General Antonio Guterres told Reuters NEXT on Wednesday that it will be difficult to revive a landmark deal that allowed the safe Black Sea export of Ukraine grain, which Russia quit in July over complaints about its own …
October 2, 2023
A new corridor allowing cargo vessels to carry Ukrainian grain and iron ore from Black Sea ports has significantly lowered freight rates and they are likely to fall further, Ukraine’s farm minister said on Monday. Kyiv launched what it calls …
September 8, 2023
Lloyd’s of London is in talks with the United Nations over providing insurance cover for Ukrainian grain shipments if a new Black Sea corridor deal can be reached, its CEO John Neal told Reuters on Thursday. NATO member Turkey is …
August 28, 2023
A Liberian-flagged bulk carrier that was the second ship to sail from Odesa since Russia quit the Black Sea safe-transit deal has reached Romanian waters, said President Volodymyr Zelenskiy. The Singapore-operated Primus successfully navigated the temporary Black Sea corridor set …
August 22, 2023
Ukraine’s government is in talks with insurers to start a new program to cover ships hauling grain through some of the riskiest parts of the Black Sea. The service could start as soon as early September, though a precise framework …
August 21, 2023
Ukraine is considering using its newly tested wartime Black Sea export corridor for grain shipments after the first successful evacuation of a vessel along the route last week, a senior agricultural official said on Monday. Russia has blockaded Ukrainian ports …
August 15, 2023
Merchant ships remained backed up in lanes around the Black Sea on Monday as ports struggled to clear backlogs amid growing unease among insurers and shipping companies a day after a Russian warship fired warning shots at a cargo vessel. …