Russia Turns to ‘Shadow Fleet’ to Move Grain, as Its Shipping Challenges Grow August 9, 2023 By Jonathan Saul and Nigel Hunt Russia’s lack of ships and Western grain traders’ shrinking appetite for business with Moscow are adding to rising costs of...
Ukraine’s Drone Attack Hasn’t Yet Jolted Insurance Costs for Black Sea Oil Carriers August 8, 2023 By Alex Longley, Megan Durisin and Julian Lee A drone attack on a Russian oil tanker and a warning from Kyiv that more could follow has so far...
Ukraine Black Sea Attacks Signal Expanding War; Russia Insurance Costs Likely to Rise August 7, 2023 By Bloomberg News The footprint of President Vladimir Putin’s war on Ukraine is growing fast after a weekend in which sea drones crippled...
Romania Expects to Clear Danube Logjam After Ukraine Attack; Insurers Remain Wary August 4, 2023 Romania expects around 30 ships from Ukraine to clear customs on the Danube River over the next two days as...
Ukraine Weighs Insuring Ships Going via ‘Grain Corridor’: Interfax-Ukraine August 3, 2023 Ukraine is considering the possibility of insuring ships going through the “grain corridor,” news agency Interfax-Ukraine reported on Thursday, citing...
Russia Strikes Ukraine’s Danube Port. Kyiv Says Aim Is to Intimidate Insurers, Shippers. August 3, 2023 By Pavel Polityuk Russia attacked Ukraine’s main inland port across the Danube River from Romania on Wednesday, sending global food prices higher as...
Update: Burning Car Carrier Off Dutch Coast Towed Away From Shipping Lanes July 31, 2023 A burning car carrier off the Dutch coast has been towed to a new location away from shipping lanes as...
Ship Carrying BMWs and Mercedes Ablaze Off Dutch Coast Could Burn for Days July 28, 2023 By Cagan Koc and Wilfried Eckl-Dorna A cargo ship carrying almost 3,800 cars and construction vehicles is likely to continue burning for days, according to the...
Inside EU, No Clear Financial Options Exist to Reduce Ukraine Grain Transport Costs July 28, 2023 By Julia Payne and Max Hunder The European Commission has no immediate money in the budget and no clear way to help finance the extra transport...
Update: Ship Carrying 3,000 Cars Ablaze off Dutch Coast, One Crewmember Dead July 26, 2023 By Charlotte Van Campenhout and Rishabh Jaiswal A fire blazed on a ship off the Dutch coast with nearly 3,000 vehicles on board on Wednesday, killing one...