Insurers Raise Premiums for Black Sea Oil Tankers as Tensions Mount: Traders August 23, 2023 Insurance companies have notified charterers of ships operating in Russia’s Black Sea ports of an increase in additional payments known...
Russia’s Flagship Oil Rises Above G-7 Sanctions Cap, but Does Little to Impede Services August 22, 2023 By Alex Longley The price of Russia’s flagship oil may have jumped above a Group of Seven imposed cap but that has done...
Ukraine in Talks With Insurers to Start Program to Cover Ships Hauling Grain Exports August 22, 2023 By Alex Longley and Volodymyr Verbyany Ukraine’s government is in talks with insurers to start a new program to cover ships hauling grain through some of...
Ukraine Weighs Using New Black Sea Export Corridor for Grain Shipments August 21, 2023 Ukraine is considering using its newly tested wartime Black Sea export corridor for grain shipments after the first successful evacuation...
Ships Remain Backed Up in Black Sea Lanes as Russia Warning Shots Raise Tensions August 15, 2023 By Jonathan Saul Merchant ships remained backed up in lanes around the Black Sea on Monday as ports struggled to clear backlogs amid...
Ukraine Starts Registering Ships for Black Sea Corridor: Agency August 14, 2023 Ukraine, which is seeking to form safe shipping routes in the Black Sea, has started registering ships willing to use...
Russian Warship Fires Warning Shots at Cargo Ship in Black Sea August 14, 2023 By Guy Faulconbridge A Russian warship on Sunday fired warning shots at a cargo ship in the southwestern Black Sea as it made...
Ukraine Announces ‘Humanitarian Corridor’ for Ships Stuck in Black Sea Ports August 11, 2023 By Olena Harmash Ukraine announced a “humanitarian corridor” in the Black Sea on Thursday to release cargo ships trapped in its ports since...
Cargo Theft Increased 57% in Q2; High-Value Shipments Targeted August 9, 2023 There were 582 supply chain events reported across the United States and Canada in the second quarter of 2023, a...
Black Sea Exporters Struggle to Clear Danube Shipping Backlog August 9, 2023 Dozens of ships are backed up around critical Danube arteries close to Ukraine’s river gateways days after Russian drone attacks...