Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Black Sea shipping insurance premiums hit 2023 highs due to war risks, attacks, and escalating tensions.

flag War insurance premiums for ships in the Black Sea have surged to 0.6%–1% of a vessel’s value, the highest since late 2023, due to escalating conflict-related risks, including attacks on Russian-linked tankers. flag Insurers now review policies daily amid fears of further escalation, with Russia threatening to cut Ukraine’s sea access. flag The cost gap between Russian and Ukrainian ports has narrowed, and insurers may cancel coverage if tensions worsen. flag Maritime security firms advise hull inspections for limpet mines after Russian port calls. flag Turkey warns of expanding regional instability and urges protection of energy infrastructure.

8 Articles

Further Reading