Insurance
Insurance risk for shipping has expanded to the entire Black Sea area
The risks for Ukrainian agricultural exports are no longer limited to individual ports of Great Odesa – the entire Black Sea route is under threat.
Insurance for a voyage to Black Sea ports has risen in price to $2.5 million
The cost of insuring ships for voyages to the Black Sea ports of Ukraine and Russia in October 2026 increased to about $2.5 million per voyage.
EBA and the Ministry of Infrastructure discussed key challenges of the port industry
The EBA Logistics Committee and the Deputy Minister of Infrastructure paid attention to pressing issues, in particular, shipping insurance.
After attacks on ships near Bulgaria, requests for military risk insurance for Ukrainian ports have increased
After new attacks on ships in the Black Sea, insurance brokers are recording an increase in the number of requests for war risk coverage for calls to Ukrainian ports.
Insurance of vessels in the Black Sea may become even more expensive – Ivanov
The military insurance market for ships passing through the Black Sea is testing rates at 0.6–1% of the ship’s cost, while last week they were 0.2–0.5%.
Almost the entire Black Sea has become a military risk zone: how will this change the cost of shipping?
Almost the entire Black Sea has been placed within the Joint War Committee’s expanded military risk zone. For shipowners, this means longer periods of additional insurance coverage, and for cargo owners, a potential increase in freight and logistics costs.
USM spoke to market participants about how much the new risks will cost and how they could change Black Sea and Danube logistics.
Almost the entire Black Sea has been included in the zone of increased military risk: flight insurance may become more expensive
The Joint War Committee (JWC) has expanded the list of areas of increased military risk to almost the entire Black Sea.
Indian Register of Ships Decertifies 235 Shadow Fleet Tankers
Without certification, vessels cannot obtain insurance and access to ports — the total tonnage of the vessels removed is about 13 million gross tons.
Russian tankers under sanctions use fake insurance
The sanctioned tanker Paz received an insurance certificate from the German company Seaguard P&I, which does not actually exist. This was reported by Bloomberg, citing data from the Foreign Intelligence Service of Ukraine. The Paz vessel, which is under sanctions by the US, UK and EU, used documents from a company allegedly registered in Pinneburg,…
Czech Republic imposes sanctions against Russian who insured tankers of Russia’s “shadow fleet”
Prague expects that he will be included in the EU sanctions list in the future.
