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...
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...
Aircraft Lessors Aim for June 2024 Trial Over Contested Russia Insurance Claims August 1, 2023 Some of the world’s largest aircraft lessors and insurers are aiming to be ready to go to trial in June...
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...
As Russian Oil Crosses G-7’s Price Cap, US Eyes Soft Enforcement July 27, 2023 By Timothy Gardner and Laura Sanicola The Biden administration is poised to increase outreach to western trading houses, insurers and tanker owners to remind them to...