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
H&M underwriters may start losing money in second half, Gallagher warns
Return to unprofitability not in owners’ long-term interests, broker said
Leading Greek shipowners are sanguine on tariff impact
Clearer rights to pull vessels from war zones under updated BIMCO clauses
VOYWAR and CONWARTIME 2025 iterations balance interests of owners and charterers
US sanctions network shipping Russian weapons and stolen Ukrainian grain to the Houthis
The US has announced sanctions against a Russian-Houthi network that supplied the Yemeni faction with weapons and stolen grain from Ukraine
War risk offering is logical move for Ambrey, AGS insists
One-stop shop approach will see digital support embedded in cover
What shipping can learn from Kipling
Lee Hsien Loong’s speech to Singapore Shipping Week warned the industry of a return to the law of the jungle. And rightly so
Bulgaria offers to host Black Sea security centre
The country’s Prime Minister made the offer after a summit held in Paris between European nations on Ukraine’s security
Russia gains more than Ukraine in vague Black Sea deal
Announcements relating to a Black Sea ceasefire are remarkably thin on details. What is clear though is this deal — if realised in how it’s presented — would fail to boost Ukrainian seaborne trade
Black Sea security situation unchanged after ceasefire announcements
Statement from Russia’s foreign ministry adds confusion to ceasefire deal saying agreement will only come into force when certain sanctions and financial restrictions are removed
Ukraine and Russia agree to cease Black Sea aggression, White House says
Russia and Ukraine have agreed to ‘eliminate the use of force and prevent the use of commercial vessels for military purposes in the Black Sea’ following bilateral talks with the US in Riyadh, the White House announced on Tuesday
Trump and Putin to negotiate Black Sea ceasefire
The White House said ‘technical negotiations’ on a maritime ceasefire in the Black Sea would begin
Trade wars and ceasefires can both boost dry bulk, in eyes of United Maritime
Nasdaq-listed owner reduces dividend but extends share buyback period after fourth quarter and 12-month net loss
Suezmax and LR rates rise amid the ongoing geopolitical ‘noise’
Mid-sized tanker demand is on the upswing, buoying rates for suezmax crude tankers and LR1 and LR2 product tankers. The outlook remains as uncertain as ever, to both the upside and downside, given how the geopolitical backdrop for tanker trades could change
EU entities on hook for what non-EU subsidiaries do on Russia sanctions
Shipowners and insurers face lexical challenge of defining ‘strictly necessary’ and ‘best efforts’ under 16th round of regulations
Fatal Russian attack on Odesa a reminder of Moscow’s ability to disrupt shipping
Barbados-flagged MJ Pinar was hit by a ballistic missile while reportedly loading wheat bound for Algeria, killing four seafarers
‘State actors’ were behind recent tanker explosions but unknowns make risk assessment impossible
Owners of oil tankers calling at Russian ports are at risk following a recent spate of naval mine explosions, but the culprit and motivations are unclear, leaving risk assessments worryingly wide
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