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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

 

Latest News & Analysis

Ust-Luga hit in new drone strikes

Fires broke out at the port as a result of the attack, which is the latest in an escalating series of tit-for-tat strikes by the warring states

Ukraine crisis Energy
INTERVIEW

War risk is not for the faint-hearted

Simon Lockwood, the head of shipowners at Willis Marine GB, describes the warning signs of inexperience among war insurers

Strait of Hormuz crisis Ukraine crisis
FREE TO READ

Hormuz crisis supply response loses steam but tanker rates hold firm

The crude tanker market continues its epic bull run. The question — as Hormuz supply replacement efforts falter — is how long disruption upside can continue to offset volume downside

Tankers and Gas Strait of Hormuz crisis

War risk is not for the faint-hearted

Simon Lockwood, the head of shipowners at Willis Marine GB, describes the warning signs of inexperience among war insurers

Marine Strait of Hormuz crisis

Two of Russia’s biggest grain terminals suspend operations after Ukraine strikes

The key Russian Black Sea port has come under fire from Kyiv’s drones multiple times in recent weeks, with several vessels hit in the region as a result

Ukraine crisis Dry Bulk
IUMI

Gulf conflict costs marine insurers $2bn to date

Marine insurers face a mounting bill from the Middle East Gulf conflict, with estimated claims already reaching $2bn and concerns growing that a prolonged disruption could trigger far larger total loss payouts if vessels remain trapped for another six months

Strait of Hormuz crisis Red Sea Risk
INTERVIEW

Pacific Basin’s Fruergaard: brace for more disruption, not less

Shipping companies are operating in a world where clear rules may never return

Strait of Hormuz crisis Red Sea Risk

War, disruption and rerouting fail to derail container demand

An estimated 2m teu may have been lost to disruption in the Middle East Gulf, but strong demand across Europe, Africa and Latin America kept global container trade firmly on a growth trajectory in the first half of 2026

Containers Strait of Hormuz crisis

Drone attacks off Odesa leave German capesize bulker adrift and another ship lost

Russia’s Ministry of Defence claimed the vessels were carrying ‘military cargo’

Ukraine crisis Dry Bulk
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