News for the seafarers
This editorial dives deep into the devastating effects of shipping on global starvation. Uncover how the marine transportation of fertilizer and food is contributing to the growing hunger crisis and…
By Steven Arons, Áine Quinn and Alex Longley (Bloomberg) — Some of the biggest names in ship reinsurance are days away from ceasing to cover key war-related risks for vessels going…
by Maytaal Angel (Reuters)– Food imports costs across the world are on course to hit a near $2 trillion record in 2022, piling pressure on the globe’s poorest countries who…
By Pavel Polityuk KYIV, Nov 8 (Reuters) – Ukraine wants the Black Sea grain export deal expanded to include more ports and goods, and hopes a decision to extend the agreement for…
By Ali Kucukgocmen and Pavel Polityuk ANKARA/KYIV, Nov 2 (Reuters) – Russia said on Wednesday it would resume its participation in a deal freeing up grain exports from war-torn Ukraine, reversing a…
By Áine Quinn (Bloomberg) — Grain markets steadied on Tuesday, with farmers and traders on alert for Russia’s next moves as ships continue to move through Ukraine’s safe-passage corridor despite repeated…
By Pavel Polityuk KYIV, Oct 31 (Reuters) – Ships carrying grain sailed from Ukrainian ports on Monday despite Moscow’s suspension of its participation in a U.N. program to ensure the safety of…
By Megan Durisin, Áine Quinn and Daryna Krasnolutska (Bloomberg) — Wheat prices soared after Russia suspended a deal guaranteeing safe passage of Ukrainian exports, with Moscow warning that shipments become “much…
by John Konrad (gCaptain) Yesteray – on the heels of China President Xi’s consolidation of power, nuclear warnings from Russia, and droughts spanning the globe – Greg Heckman, CEO of…
Just one missile, hitting one ship in an alleged accident would be enough to end the trade by making the route uninsurable, says Andriy Vadaturskyy.