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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

 

Black Sea war risk rates heading north after Russian attacks

Insurers fear there might be a deliberate shift toward targeting merchant vessels

Ukraine crisis Insurance

Third ship struck in Ukraine within space of one week

Although vessels berthed in Ukrainian ports have always been at risk of becoming collateral damage, it is unusual for so many to be hit within such a short period

Ukraine crisis Piracy and Security

Russia’s attacks will not slow Ukraine’s maritime trade

‘The current prices are why it doesn’t make sense right now to trade with Ukraine, and while the latest attacks are widely spoken about, I’ve seen no consequences in terms of prices or insurance,’ said Filipe Gonzaga, managing director at Bryce, a Swiss agri-commodities trading firm 

Ukraine crisis Dry Bulk

Shipping on alert as Russia hits another ship, killing one and injuring five

Ukrainian foreign minister denounces Russian ‘terrorist’ attacks on shipping after a Palau-flagged ship is hit by a Russian missile hours after arriving at Odesa

Ukraine crisis Casualty

Russia hits cargoship with missile in Ukrainian port

A St Kitts and Nevis-flagged cargoship was hit in the Ukrainian port of Yuzhnyy, near Odesa, overnight between October 5 and October 6

Ukraine crisis Risk and Compliance
FREE TO READ

Highly unusual shipment from occupied Crimea a major red flag, say security experts

The shipment is the latest example of Russia being willing to use deceptive practices to sustain the transport of suspicious cargoes

Ukraine crisis Political Risk and Trade

Black Sea risk unchanged despite back-to-back incidents

The incidents reveal recklessness on Russia’s behalf, but there is not yet any evidence to suggest the ships were deliberately targeted

Ukraine crisis Dry Bulk
FREE TO READ

Critical compliance tool compromised by GPS jamming

Deliberate GPS interference is not unusual in conflict zones and other high-risk areas. While its purpose is often defence related, it has real consequences for industry professionals that rely heavily on AIS to make compliance-related decisions

Sanctions Ukraine crisis
FREE TO READ

Vessel leaving Ukraine struck by Russian missile

There are no known casualties so far following Russian strike. Vessel was destined for Egypt with Ukrainian grain cargo

Ukraine crisis Dry Bulk

High Court holds former Ukraine grain terminal operators in contempt

GNT Group facilities widely used by bulk carriers calling in the country

Ukraine crisis Dry Bulk

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

Ukraine crisis Dry Bulk

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 crisis Tankers and Gas

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

Ukraine crisis Crewing
FREE TO READ

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

Ukraine crisis Risk and Compliance

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

Sanctions Ukraine crisis
DATA ANALYSIS

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 crisis Dry Bulk
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