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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


Anonymous Chinese shipowner spends $376m on tankers for Russian STS hub

Evolving marine transport model seeks tankers to operate outside established markets, yet remain compliant with class, insurance and other regulatory and technical rules

Tankers and Gas China

Ukraine grain cargo rejected by Lebanese buyer

The first shipment from Ukraine is in limbo because the Lebanese buyer rejected the cargo on grounds that too much time has elapsed, while two more vessels have been authorised to depart Chornomorsk port carrying 70,020 tonnes of corn and sunflower meal en route to South Korea and Türkiye

Ukraine crisis International

Ukraine grain exports pick up pace

Six more ships are on the way out of Ukrainian ports, carrying 220,543 tonnes of corn, sunflower oil and soya, bound for Italy, China and Türkiye

Dry Bulk Ukraine

The week in charts: Capesize rates drop | More than 20 ships alongside Ukraine’s ports | Vessels reroute due to China military drills

Capesize rates drop, Russian crews trapped in Ukraine seek repatriation and more than 200 merchant vessels forced to take detours to avoid China’s military exercises

Week in Charts Asia Pacific

Syrian cargoship allowed to depart Lebanon after detention

The cargoship, accused of carrying stolen food from Ukraine, has been cleared to sail and was heading to its final destination in Tartus, Syria

Ports and Logistics Political Risk and Trade

More grain-carrying bulkers leave Ukraine ports

UPDATED: Three more vessels have left Ukraine carrying a total of 58,000 tonnes of grain to Türkiye, Ireland and the UK, while the first ship to enter Ukraine via the grain corridor is waiting inspection

Europe Dry Bulk

UK’s tougher marine insurance sanctions on Russia put on indefinite hold

No sign yet of alternative Russian provision yet emerging, despite earlier promises by Medvedev

London Russian Federation

Ukraine war leads to higher tonne-mile demand for tankers

Geopolitical risks, high inflation in major economies and elevated macro-economic risks are weighing on tanker business and consumer confidence, says company

Singapore Tankers and Gas

Ukraine’s Danube ports face logistics setbacks amid grain corridor opening

Low water levels are limiting the amount of cargo moving into and out of Ukraine’s Danube ports, while grain shipments through the safe corridor are capped initially at no more than three vessels a day. Meanwhile, the World Food Programme has agreed a $10.2m contract with Cargill to start food aid shipments

Ukraine Ukraine crisis

Ukraine grain-carrying Razoni passes inspection

An inspection team visited the vessel today, according to a statement from the Joint Coordination Centre, which was set up in Istanbul under the Black Sea Grain Initiative

Dry Bulk Ukraine crisis

Hiscox backs Lloyd’s market Ukraine consortium plan

‘We have committed our support to the Lloyd's market-led initiative. We are very supportive of it,’ says chief executive

Dry Bulk Insurance

Turkish port sanctioned as US increases pressure on Russia-linked entities

The US is targeting what it believes are Moscow’s key economic players and sectors as it seeks to empty Russia’s coffers and hinder its activity in Ukraine

International Sanctions

Ten ships are ready to travel grain corridor, says Lloyd’s agent

Vessels that have been stranded in Ukraine since the beginning of the conflict are getting ready to move along the grain corridor, with journeys expected to western Europe, Asia and the Middle East

Ukraine Dry Bulk

First Ukraine grain shipment tests the waters for more to follow

All eyes are on the ageing bulk carrier Razoni, carrying 26,000 tonnes of corn destined for Lebanon, but also the weight of a unique and tentative diplomatic deal to allow vessels safe passage through a war zone

Ukraine Dry Bulk

Russian crew detained in Ukraine request repatriation

Ukraine announced its intentions to seize Russian vessels undergoing repairs at the shipyard back in April. Crew members say they are still being held on board

Ukraine Russian Federation

The Lloyd’s List Podcast: How shipping is managing the risk of lifting Ukraine grain

The deal to allow the safe transport of grain out of the Ukraine by sea is an unprecedented agreement between enemy combatants, but it is still a work in progress and the list of potential risks that could yet scupper it are long. This week we talk to war risk expert and head of marine and aviation at the Lloyd’s Market Association Neil Roberts about the insurance hurdles yet to be overcome. And we talk to Anna Biliuga, an agent for Eurogal Services, which acts as Lloyd’s agents inside Odesa, for a personal take on how the grain deal will play out on the dockside

Lloyd's List The Shipping Podcast Ukraine crisis
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