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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


More ships head to Ukraine’s sea ports

Ukraine’s temporary corridor was only used to free stranded vessels in the Odesa region until last week

Ukraine crisis Dry Bulk

Marine insurance talks with Ukraine falter as two ships test alternative Black Sea grains corridor

International Union of Marine Insurance says ‘grey areas’ surround Ukraine government proposal to reinsure marine risk

IUMI Ukraine crisis

Possible sea mine blast on Black Sea ship off Romania

One crew member was injured and another 11 rescued after a possible sea mine blast on the general cargoship Seama off Romania’s Sulina Canal, according to reports

Ukraine crisis Casualty

Questions raised over UK government claims Odesa-docked ship was Russia target

If the bulk carrier Primus was deliberately targeted in failed Russian cruise missile attack on August 24, as stated by the UK government, why did they reveal inside intelligence? Asks Herminius, which advises Lloyd’s Market Association

Insurance Political Risk and Trade

First ships arrive at Ukrainian sea port since grain deal collapse

The Palau-flagged vessels are expected to load nearly 20,000 tonnes of wheat

Ukraine Russian Federation

US targets Turkish shipping support and Arctic ambitions in latest Russian sanctions

Latest round of US sanctions has sent a warning to Türkiye over support for Russia’s maritime circumvention of sanctions while also targeting Russia’s Arctic ambitions only days after Putin lauded the development of its flagship Arctic LNG 2 project

Sanctions Russian Federation

Russian missiles targeted civilian cargoship last month: UK government

Attack is said to be part of a broader pattern of Moscow’s aggression against civilian vessels and facilities since withdrawing from the Black Sea grain deal in July

Ukraine crisis Political Risk and Trade

Shadowy trade in ‘stolen’ grain from Russia-occupied Azov ramps up

Trade in grain from Russia-occupied Mariupol and Berdiansk has risen in recent months, adding potential sanctions headaches for grain buyers and depriving Ukraine of revenues, our investigation reveals

Sanctions Ukraine crisis

Details of Ukrainian state war risk deal available soon, promises Marsh

Lloyd’s confirms ‘active discussions’ with United Nations but will only authorise cover if grain corridor is resurrected

Ukraine crisis Insurance

Danube port infrastructure damaged in latest attacks

The offensive comes ahead of talks between Russian and Turkish leaders on the grain deal

Ukraine crisis Ports and Logistics

Two more vessels sail through Black Sea corridor

Two more ships are using the temporary corridor that Ukraine set up from its Black Sea ports to the Bosporus

Ukraine crisis Dry Bulk

Second merchant ship departs Ukraine using new corridor

Lloyd’s List Intelligence data shows the ship is about 11 hours away from Istanbul. Its Automatic Identification System destination suggests it is heading to the port of Dakar in West Africa

Ukraine crisis Dry Bulk

The quirks of insuring Black Sea ships in a war zone

Russian drone attacks at Danube river ports have deterred most underwriters from insuring ships that still trade there. But not all, says local insurance provider CEE Specialty

Ukraine crisis Insurance

Trade appears to temporarily slow at Izmail after Russia attack

There is no evidence of lasting impact on port activity and international trade continues to flow at normal levels, according to early data analysis

Ukraine crisis Dry Bulk

Ukraine set to launch state-backed war risk cover

A new Ukrainian state-backed scheme to provide war risk cover in conjunction with international insurers will essentially be a public-private partnership sharing the risk, according to Marsh who are advising Kyiv on the details of the new deal expected to emerge in the next month

Ukraine crisis Insurance

Russia’s ghost ships and the evolution of a grain-smuggling operation

The seaborne export of grain from Russia-occupied territories using deceptive shipping practices is becoming more complicated as the operation grows, analysis of open-source data and vessel tracking reveals

Sanctions Ukraine crisis
See All