Ukraine Says Second Ship to Sail From Odesa Reaches Romania August 28, 2023 By Aliaksandr Kudrytski A Liberian-flagged bulk carrier that was the second ship to sail from Odesa since Russia quit the Black Sea safe-transit...
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...
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...
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...
Lloyd’s Leads Insurers in Raising Rates, Cutting Taiwan Cover as Conflict Risks Rise August 10, 2023 By Jonathan Saul and Carolyn Cohn Lloyd’s of London underwriters are leading insurers in raising rates and cutting the amount of cover they offer for risks...
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...
Airlines Face Doubling in War Insurance Premiums After Sudan Losses: Sources July 26, 2023 By Carolyn Cohn Airlines could end up paying twice as much for insurance they need to protect themselves against losses triggered by war...
Oil Tanker Seized by Iran Had Indian Crew, Turkey-Based Operator Says May 1, 2023 By Verity Ratcliffe An oil tanker seized by Iran on Thursday was carrying Kuwaiti crude and had a crew of 24 Indians, according...
German Insurers Renew Cover for Blast-Damaged Nord Stream 1 Gas Pipeline April 4, 2023 By Jonathan Saul, Carolyn Cohn, Christoph Steitz and John O'Donnell German insurers Allianz and Munich Re have renewed cover for the damaged Russia-controlled Nord Stream 1 gas pipeline, five sources...