9 Articles
9 Articles
The Black Sea has become one of the most dangerous sea lanes for international trade, as attacks linked to the Russian-Ukrainian war have escalated, and commercial ships have been increasingly targeted, threatening grain and energy flows, raising freight and insurance costs.
The Black Sea has become the most dangerous sea route in the world: more than 570 ships have been attacked, at least 40 seafarers have died, and the cost of insurance is 15 per cent of their cost.
(Seoul = Yonhap News) Reporter Shin Jae-woo = As attacks on merchant ships by Russia and Ukraine intensify, the Black Sea has surpassed the Strait of Hormuz to have the highest number of sailor deaths in the world this year...
War risk insurance for ships can reach 15% of their cost, and the aggravation of the situation threatens Ukrainian agricultural exports
Insurance of merchant ships against war risks in the Black Sea can reach 15% of the estimated value of the hull, almost twice as high as in the Persian Gulf, and the region has become the most dangerous shipping route in the world, writing Financial Times with reference to maritime market participants.
Military action in the Black Sea has reached a new level of escalation, turning the region into one of the most dangerous routes for international shipping, reports the Financial Times. Since the summer of 2026, the intensity of attacks on merchant ships and port infrastructure has increased dramatically. According to Ambrey, there were about 387 attacks in July-September, more than five times the figure of the previous quarter. At the same time…
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