Ukraine’s Risky Bet on Black Sea Shipping Corridor Pays Off as Ships Stream Into Ports October 18, 2023 By Áine Quinn and Kateryna Chursina A steady stream of ships is hauling grain and metals from Ukraine a month after the first inbound vessel sailed...
Evergreen Line Declares Force Majeure on Israel Shipment: Customer Note October 18, 2023 By Jonathan Saul Taiwanese container shipping line Evergreen has declared force majeure on a shipment to the Israeli port of Ashdod, with its...
Shipping Traffic Slows at Israel’s Ports as Insurance Premiums Soar October 11, 2023 By Jonathan Saul and Ari Rabinovitch Activity at Israel’s ports is slowing after Saturday’s attacks by Islamist group Hamas on towns close to Gaza, with the...
Oil Tanker Adrift in Indian Ocean Is Latest Reminder of Dangers of Shadow Fleet October 11, 2023 By Alaric Nightingale and Chandra Asmara A 26-year-old oil tanker that’s moving fuel for Russia drifted for two days in a busy shipping lane in the...
Germany to Send Air Defenses for Kyiv to Guard Grain Routes October 6, 2023 By Michael Nienaber and Alberto Nardelli Germany plans to supply additional air defenses for Ukraine to help protect grain shipments from potential Russian attacks, according to...
Freight Rates for Grain Exports via New Black Sea Corridor Fall Sharply, Ukraine Says October 2, 2023 By Pavel Polityuk A new corridor allowing cargo vessels to carry Ukrainian grain and iron ore from Black Sea ports has significantly lowered...
Ship Insurance Facility Set Up for Ukraine Grain Exports, Broker Miller Says September 27, 2023 A new marine insurance facility for Ukrainian grain exports using the country’s sea corridor has been set up in conjunction...
Maritime Industry Eyes Nuclear Power for Ships as Tech Advances; Insurers Are Wary September 21, 2023 By Jonathan Saul The maritime industry is exploring whether nuclear fuel can be used to power commercial ships as advancements in technology open...
Viewpoint: A New Risk Landscape Emerges for Global Maritime Industry September 21, 2023 By Dorothea Ioannou Executive Summary: The International Group of P&I Clubs offers a unique lens into the intricate web of maritime risk that...
Stranded Cruise Ship Shows Risks of More Traffic in Hard-to-Reach Arctic Waters September 14, 2023 By Danielle Bochove and Ragnhildur Sigurdardottir The grounding of a luxury cruise ship off the coast of Greenland on Monday highlighted the irony of touring the...