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
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
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
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
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
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
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
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
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
High Court holds former Ukraine grain terminal operators in contempt
GNT Group facilities widely used by bulk carriers calling in the country
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
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 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
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
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
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
You must sign in to use this functionality
Authentication.SignIn.HeadSignInHeader
Email Article
All set! This article has been sent to my@email.address.
All fields are required. For multiple recipients, separate email addresses with a semicolon.
Please Note: Only individuals with an active subscription will be able to access the full article. All other readers will be directed to the abstract and would need to subscribe.