Ukraine Crisis
As events in Ukraine unfold at a rapid pace and sanctions on Russia start to bite, Lloyd's List offers the best insight, analysis and commentary on how the crisis is impacting shipping markets
Shipment from Sevastopol reaches Egypt despite Ukrainian warning
Russia is adding more countries to its list of trading partners willing to accept cargo directly shipped from occupied territories
Gap between Black Sea and Red Sea war risk rates closing
The Russian, Ukrainian and Belarusian war risk exclusion justified earlier differential, but comparative loss records have seen reassessment of risk
Ukraine seafarers still working despite war
Officers and ratings are balancing obligations to their country against the need to provide for their families, says Danica’s Jensen
Probe into Russia’s ghost fleet wins journalism award
A joint investigation by Bellingcat, Scripps News and Lloyd’s List has won a 2024 Edward R Murrow journalism award for excellence in innovation
The case of Alfa M shows how Russia is using shell companies to expand occupied territories trading fleet
On its most recent voyage general cargoship Alfa M loaded in the occupied Sea of Azov port of Berdiansk and delivered the cargo to a country in the Mediterranean, most likely Libya
Ukraine callers buck advice to sail through Nato territorial waters
Ukraine’s ‘temporary corridor’ exists only within the country’s sovereign waters, but ships are strongly recommended to sail through the waters of coastal countries because of risks associated with the conflict and unpredictability of the Russian government
Ukraine calls on governments to help investigate Russian grain smuggling
Ukraine calls on International Maritime Organization member states to help investigate Russia’s expanding and evolving Crimea export operations, which now featured transhipment operations and the potential resurrection of seized, spoofing ships
Ro-ro hit by Ukraine was carrying military equipment, says Kyiv
The General Staff of the Ukrainian armed forces said it hit the Russia-flagged vessel in the port of Kavkaz, which lies in the Kerch Strait separating the Crimean Peninsula from Russia
Trump, Iran and Russia: The hypothetical geopolitical puzzle for tankers
With a second Trump term on the cards, a crackdown on Iranian exports could increase demand for VLCCs loading crude in other countries. Elsewhere in a Trump 2.0 landscape, any winding down of the Russia-Ukraine situation could be either positive or negative for tanker rates, says Jefferies analyst Omar Nokta
UN-approved shipment of grain from Crimea to Yemen raises oversight concerns
A Russian-owned and flagged bulk carrier that has routinely berthed at occupied Crimea received UN approval to unload in the Houthi-controlled port of Saleef
Black Sea war risk pricing drops sharply, but watch out for increased attacks over summer
Underwriters’ confidence boosted by enhanced Ukrainian command of waterways and state subsidies to reduce marine insurance premiums
Russia hits Odesa: Two killed and vessel hit
Ukraine’s air force said the attack involved an Iskander-M ballistic missile, four Kh-59/Kh-69 missiles and 20 drones, 14 of which were shot down
Ukraine seizes repeated Crimea caller in Danube operation
Cameroon-flagged vessel Usko Mfu had unloaded cargo in Sevastopol from Türkiye at the end of May and in early June
Novorossiysk under fire as AIS jamming intensifies along coast
Vessels transiting the Black Sea continue to take strange routes and AIS jamming near the port has increased in recent weeks in a bid to counter Ukrainian attacks
Ukraine issues 24 arrest warrants for vessels carrying ‘looted’ grain
The Ukrainian government has called on IMO member states to bring their flag administrations into line after accusing 24 vessels of shipping Ukrainian grain from occupied Crimea
Ropax service relinks Ukraine with Central Asia
The service is the latest example of shipping returning to Ukraine, after MSC launched service to Odesa from Türkiye earlier this week
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