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
Ukrainian drone strike sets Russian-trading aframax ablaze off Sochi
Crew of 23 Indian seafarers evacuated unharmed after attack on Liberia-flagged tanker carrying crude oil in the Black Sea
‘Plenty’ of seafarers as well as shipowners ready to brave high-risk routes
Malta summit hears that many owners and crews will run the gauntlet of missile and drone attacks for higher earnings, even as industry’s top regulator urges caution
Drone strikes in Nato waters leave crew missing as Black Sea threat widens
One cargoship sank with all crew missing and another was abandoned after reported drone attacks in Bulgaria’s exclusive economic zone, prompting warnings that threats to merchant shipping are spreading beyond waters immediately off Ukraine
Bareboat guarantees still enforceable despite Russia sanctions, Commercial Court rules
‘Hell or highwater’ clauses didn’t earn their nickname for nothing
Black Sea grain carrier sinks after suspected drone strike kills two crew
Two seafarers died and a captain was airlifted for treatment after a fire broke out on board the Turkish-owned Royad Mammadov while carrying Ukrainian grain to Italy
How worried should you be about the orderbook?
Container shipping’s orderbook looks significant, tanker contracting is rising again and dry bulk is becoming more top-heavy — but Lloyd’s List markets editor Rob Willmington says the headline numbers form only part of the narrative
Food price surge highlights mounting pressure from disrupted grain routes
Disruption to grain shipping routes in the Black Sea and the Strait of Hormuz is driving up global food prices, with the UN warning that constrained maritime trade and rising freight costs are increasingly contributing to agricultural inflation
Bunker prices escalate as Hormuz crisis drags on
After a brief reprieve coinciding with the US-Iran peace MOU, bunker prices have headed higher again in recent months. Pricing of VLSFO and HSFO is back where it was in early April, sharply higher than pre-crisis levels
The Week in Charts: Iran’s ship attacks show strategy of disruption not discrimination | Abu Dhabi emerges as container shipping’s Hormuz shuttle operator
Lloyd’s List’s weekly showing of the data and figures behind our news, analysis and markets coverage
How healthy is the marine insurance market?
Record premiums, softening rates and war risk dominated debate at IUMI 2026. Lloyd’s List’s marine insurance editor David Osler was there to find out whether there’s more to the eye-catching numbers being discussed
‘Struggle’ to secure Black Sea breach cover in London right now, says Markel
Big-name insurers not interested in single trips
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