August 8, 2022
Two more ships, carrying corn and soybeans, departed from Ukrainian Black Sea ports on Monday, Turkey and Ukraine said, taking the total to ten since the first ship sailed last week under a deal with Russia to unblock Ukrainian grain …
August 4, 2022
The London insurance sector is preparing to cover Ukrainian grains and fertilizer shipments through a secure corridor, voyages that may need up to $50 million of insurance cover per cargo, industry sources involved said on Wednesday. London’s marine insurance market …
August 3, 2022
Hiscox is committed to a planned insurance consortium providing cover for ships traveling through a safe passage from Ukraine, its chief executive said on Wednesday, as the Lloyd’s of London insurer shares plunged on a first-half loss. The first grain-carrying …
August 1, 2022
Ukraine made its first shipment of grain since Russia’s invasion, marking a small but crucial first step toward unlocking the millions of tons of crops piling up in the country and boosting global food supplies. The Razoni, a cargo ship …
July 29, 2022
Lloyd’s of London insurer Ascot and broker Marsh on Friday launched marine cargo and war insurance for grain and food products moving from Ukrainian Black Sea ports, removing a hurdle to getting shipments underway. Russia and Ukraine signed a deal …
July 27, 2022
Lloyd’s of London insurers and brokers are preparing to provide cover for grain shipments from Ukraine and are likely to announce their plans shortly, the commercial insurance market’s chairman said on Wednesday. Russia and Ukraine signed a deal on Friday, …
July 25, 2022
Ukraine said on Monday it hoped a U.N.-brokered deal aimed at easing global food shortages by resuming grain exports from the Black Sea region would start to be implemented this week. Moscow brushed aside concerns that the deal could be …
July 25, 2022
A number of insurance underwriters are interested in providing cover for grain shipments from Ukraine after an agreement was reached to re-open Black Sea ports, although the first shipments are expected to be weeks away, industry sources said on Friday. …
July 22, 2022
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 …
July 22, 2022
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 …