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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

 

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

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

Ukraine crisis Dry Bulk

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

Ukraine crisis Casualty

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

Risk and Compliance Ukraine crisis
FREE TO READ

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

Ukraine crisis Red Sea Risk

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

Ukraine crisis Insurance

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 crisis Risk and Compliance
FREE TO READ

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

Sanctions Ukraine crisis

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

Risk and Compliance Russian Federation

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

Ukraine crisis Sanctions

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

Ukraine crisis Roro
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