Insurance hurdles hit Black Sea ships carrying grain
Cargo companies have been left with a challenging task to find an alternative route, especially for grain, as the risk of bombing has made it virtually...
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Cargo companies have been left with a challenging task to find an alternative route, especially for grain, as the risk of bombing has made it virtually...
The risk of bombing has made it virtually impossible to insure ships leaving Ukraine via the Black Sea, leaving the sector to find an alternative route, especially for grain.Ports along this alternative route are also under attack from Russians, according to Frederic Denefle, head of Garex, a French company specialised in marine risk insurance.
The risk of bombing has made it virtually impossible to insure ships leaving Ukraine via the Black Sea, leaving the sector to find an alternative route, especially for grain.
An EU ban on insuring ships transporting Russian oil could potentially hurt Moscow more than its embargo on the nation's crude, analysts say.
LONDON, June 29, 2022 (BSS/AFP) - An EU ban on insuring ships transporting Russian oil could potentially hurt Moscow more than