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
Shadow fleet is no longer simply a sanctions evasion problem
European governments need to act faster to counter hybrid threats and prevent damage to infrastructure, Polish representatives tell Posidonia
Turkish cargoship hit by drone, injuring two crew
The Vanuatu-flagged vessel was travelling to Odesa from Türkiye when it was struck by the drone late on Thursday
Russian security service finds mines on LPG carrier
The Russian security service said the mines were discovered during an underwater inspection of the gas carrier at Ust-Luga
Russia scores more Hormuz upside with yet another US sanctions pass
As the Hormuz crisis drags on, the US has issued a third sanctions waiver on Russian oil exports. The main beneficiaries: Russian exporters, Chinese and Indian importers, and the shadow fleet operators carrying Russian crude
Sweden makes further shadow fleet arrest and Norway joins Baltic strategy group
Tanker was first boarded by the Swedish coastguard in March 2026 after it was suspected the vessel was falsely flagged
Lloyd’s mulls major shake-up of war risk wordings
Independent panel could rule on whether military clashes constitute war for insurance payout purposes
VOYWAR 1993 gives charterers ‘implied obligation’ to nominate alternative discharge port
LMAA award has implications for Hormuz crisis, NorthStandard warns
Sweden turns up heat on shadow fleet
‘We protect our waters,’ says Swedish Prime Minister Ulf Kristersson after multiple boardings in recent months
Novorossiysk drone attack hits tanker
The vessel’s master was injured in the attack, in the latest of a wave of drone exchanges between Russia and Ukraine targeting each other’s port infrastructure
Russia hits Ukrainian port of Izmail
No casualties were reported by Ukrainian authorities, but infrastructure at the port was hit in the drone attack
Ukraine continues investigation into master of arrested vessel
Ukraine’s security service said the master entered Kerch on a sanctioned tanker in 2024 and exported grain through occupied Crimea in January 2021
Odesa ports hit during overnight drone attack
Russian drone strikes late on Wednesday damaged port infrastructure across Ukraine’s Odesa region, hitting warehouses, storage sites and residential areas, and sparking fires in containers and vehicles
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