July 21, 2023
The number of ships looking to pick up grain cargoes from the Black Sea area has fallen 35% this week versus the previous week with growing uncertainty over whether commercial traffic could be hit as Russia continues to pound food …
July 21, 2023
Ukraine said any ships heading to Russian ports may be military targets, a tit-for-tat response to a threat from Moscow that escalates the war’s risk to global food markets. Since Moscow halted the Black Sea agreement that allowed Ukraine to …
July 21, 2023
The threat of Russian aggression towards Ukraine’s Black Sea ports and ships will force the country to export its enormous quantities of grain by river, road and rail — all of which are fraught with challenges. After exiting the Black …
July 20, 2023
An operation to start removing some 1.1 million barrels of oil from a decaying tanker moored off Yemen’s coast could start by the end of the week, the United Nations said on Tuesday. U.N. officials have been warning for years …
July 20, 2023
Ukraine is setting up a temporary shipping route to maintain grain shipments after Russia quit a deal allowing Ukrainian exports via a UN-backed safe corridor in the Black Sea, Kyiv said on Wednesday. Russia attacked Ukraine’s Black Sea Odesa port …
July 20, 2023
Russia warned that from Thursday any ships traveling to Ukraine’s Black Sea ports will be seen as possibly carrying military cargoes, after Ukraine said it was setting up a temporary shipping route to try and continue its grain exports. The …
July 19, 2023
Ukraine is pushing for grain exports to continue from key ports following Russia’s withdrawal from the Black Sea grain deal. Insurers and shippers aren’t so sure. Russia’s termination of the pact this week means that it will no longer guarantee …
July 19, 2023
There are a “number of ideas being floated” to help get Ukrainian and Russian grain and fertilizer to global markets after Moscow quit a deal allowing the safe Black Sea export of Ukraine grain, the United Nations said on Tuesday. …
July 18, 2023
A cargo insurance facility providing cover for Ukraine grain shipments via a safe sea corridor has been suspended after Russia quit the United Nations-backed agreement, broker Marsh said on Tuesday. Moscow has withdrawn from the year-old grain export deal in …
July 17, 2023
Insurers are reviewing whether to freeze cover for any ships willing to sail to Ukraine after Russia on Monday quit a U.N.-backed deal that allows the export of grain through a wartime Black Sea safe corridor, industry sources said. The …