Insurers are reviewing whether to freeze cover for any ships willing to sail to Ukraine after Russia on Monday quit a U.N.-backed deal that allows the export of grain through a wartime Black Sea safe corridor, industry sources said. The agreement, brokered by Turkey last July, aimed to alleviate a global food crisis by allowing Ukrainian grain blocked by Russia’s February 2022 invasion of its […]
The Black Sea Grain Initiative that allowed grain products to be shipped from Ukrainian Black Sea ports has now ended. Our article focuses on what that means for owners’ and charterers’ contractual obligations. There have been many developments since we last updated our article on the impact on contractual obligations of the war in Ukraine. The key developments include: For a more comprehensive list of developments see our update here. In this […]
Maksym Kharchenko https://public.tableau.com/app/profile/maksym.kharchenko/viz/shared/TGPTJP584
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