Insurance
The price of insurance for ships passing through the Strait of Hormuz has increased 12 times
The cost of insurance for ships passing through the Strait of Hormuz has increased 12 times due to military risks in the region.
India allows Russians to insure tankers for another month
India has temporarily extended the permits of four Russian companies to insure tankers calling at its ports.
Exports from Ukraine decreased by 3% due to war, logistics restrictions and shutdown of enterprises
Due to the war, logistical restrictions, and the shutdown of enterprises, exports of goods and services from Ukraine decreased by 3% last year.
Insurance for Russian oil tankers in the Black Sea increased by 200%
The cost of insurance for tankers transporting Russian oil from the Black Sea has increased by 200%. Freight rates have also increased.
Trump, tankers and geopolitics. What 2025 was like for global shipping
Routes have become longer, insurance has become more expensive, and political decisions have turned compliance into a full-fledged operational function – in 2025, these three factors had the strongest impact on freight rates, schedules, and tonnage availability.
USM continues the series of materials about what 2025 was like for global and Ukrainian shipping. This time, we recall the challenges that global carriers faced and what the shipping world will remember about the past year.
Attacks on ships in the Black Sea led to an increase in insurance premiums
Russian strikes on port infrastructure and ships in Ukrainian ports have led to the return of the “risk premium” in the Black Sea.
Insurance rates in the Black Sea have tripled: ship owners fear Russian strikes on exports from Ukraine
Shipowners are bracing for higher insurance costs amid the risk of new Russian attacks on Ukrainian export infrastructure. Shipowners operating in the Black Sea are expressing concern about possible Russian attacks on ships carrying Ukrainian grain and ammonia, according to the Financial Times. Against this backdrop, insurance companies are already seeing a threefold increase in…
Insurance costs in the Black Sea tripled after attacks on Russia’s “shadow fleet”
The cost of insuring ships in the Black Sea continues to rise amid attacks on tankers by the Russian “shadow fleet.”
New risks in the Black Sea: how the market reacted to the attack on tankers carrying sanctioned oil
The drone strike on two tankers of the Russian “shadow fleet” off the coast of Turkey has become yet another signal about the vulnerability of the Kremlin’s oil logistics. At the same time, it has already forced insurers to reassess risks in the Black Sea.
Insurance rates in the Black Sea rise after attacks on Russian tankers
Following a series of attacks on several Russian tankers, insurers in the Black Sea have sharply raised war risk rates for ships operating in the region.
