Black Sea grain initiative News

Lloyd’s Insurer Ascot Resumes Quoting Cargo Insurance for Black Sea Grain Shipments

Lloyd’s of London insurer Ascot is once again quoting on its cargo insurance facility for the Black Sea grain corridor, the facility’s lead underwriter said on Wednesday after Russia announced it would resume its participation in the accord. “In response …

Russia Says it Will Resume Participation in Ukraine Grain Deal

Russia said on Wednesday it would resume its participation in a deal freeing up grain exports from war-torn Ukraine, reversing a move that world leaders had said threatened to exacerbate global hunger. Moscow announced the sudden reversal after Turkey and …

Update: Lloyd’s Insurer Ascot Pauses Writing New Cover for Ukrainian Grain Shipments

Lloyd’s of London insurer Ascot is suspending writing cover for new shipments using the Ukrainian grains corridor in the Black Sea until it has more clarity about the situation there, a senior official said on Monday. Moscow said it was …

Grain Ships Sail From Ukraine Despite Moscow Exit From Deal; Insurance Cover Paused

Ships brought grain from Ukrainian ports on Monday, suggesting Moscow had stopped short of reimposing a blockade that might have caused world hunger, despite suspending its participation in a U.N. program to safely export grain from the war zone. Air …

Ukraine, Russia Sign Deal to Reopen Grain Export Ports While War Continues to Rage

Russia and Ukraine signed a landmark deal on Friday to reopen Ukrainian Black Sea ports for grain exports, raising hopes that an international food crisis aggravated by the Russian invasion can be eased. The accord crowned two months of talks …

Ukraine’s Grain Challenge: Clearing Mines, Finding Ships and Insurance, Trusting Putin

Ukraine finally secured a deal aimed at restarting crucial Black Sea grain exports that have been crippled by Russia’s invasion. But getting them going won’t be easy. Government officials from Kyiv and Moscow on Friday signed parallel agreements with Turkey …

Progress in Ukraine Grain Export Talks Reported; Sanctions, Insurance Among Issues

Ukraine, the United Nations and Turkey hailed progress at talks in Istanbul that aim to resume Black Sea grain exports blocked by Russia and ease the risk of starvation faced by millions, but an end to the war remained far …