Insurers Weigh Covering Ukraine Grain Shipments After Deal to Re-open Black Sea Ports July 25, 2022 By Jonathan Saul A number of insurance underwriters are interested in providing cover for grain shipments from Ukraine after an agreement was reached...
Ukraine’s Grain Challenge: Clearing Mines, Finding Ships and Insurance, Trusting Putin July 22, 2022 By Megan Durisin, Áine Quinn and Alberto Nardelli Ukraine finally secured a deal aimed at restarting crucial Black Sea grain exports that have been crippled by Russia’s invasion....
Insurers Want Safety Assurances Before Covering Ships Sailing in Ukraine Grain Corridor July 20, 2022 Insurers will only be willing to cover ships sailing through a proposed corridor to get Ukrainian grain out if there...
Stricken Bulk Carrier Remains Stranded Near Sydney as Rescue Efforts Fail for 21 Crew July 5, 2022 By Ainslie Chandler Twenty-one crew members remain aboard a bulk carrier which lost power in turbulent waters near Sydney, after overnight rescue attempts...
Sovcomflot’s Cargo Ships Fully Covered by Russian Insurers: CEO June 20, 2022 Russia’s state-run Sovcomflot has insured all its cargo ships with Russian insurers and the cover meets international rules, the chief...
Black Sea Mine Removal Needed Before Ukraine Grain Can Be Shipped, Insurers Return June 13, 2022 By Jonathan Saul As the United Nations tries to broker a path for grain from Ukraine and temper worries about a global food...
Reuters: Russia’s State-Owned RNRC to Reinsure Russian Oil Shipments: Sources June 10, 2022 By Jonathan Saul State-controlled Russian National Reinsurance Company (RNRC) is now the main reinsurer of Russian ships, including Sovcomflot’s fleet, after Western insurance...
Removing Russian Sea Mines Near Key Ukraine Ports Could Take Months: U.N. June 9, 2022 By Áine Quinn Removing sea mines near Ukraine’s key ports could take months, and hundreds of seafarers are still stranded in the region...
Insurtech MGA Loadsure Offers Smart Annual Cargo Insurance June 7, 2022 InsurTech MGA Loadsure announced the launch of its new smart annual cargo product, Cargo Plus. The new offering is an...
Risky Ship-to-Ship Transfers Keep Russian Oil Moving to China May 26, 2022 By Serene Cheong A logistically risky and costly transfer of crude between tankers at sea highlights the steps at least one Chinese buyer...