UNCTAD: Ukraine war raises global shipping costs, stifles trade
The Russian invasion of Ukraine is stifling the trade and logistics of Ukraine and the Black Sea region, increasing global vessel demand and the cost of shipping around the world. In a
Black Sea
P&I club warns of sea mine threat in Black Sea
Adding to the growing threats to shipping following the Russian invasion of Ukraine, there are increasing reports of threats from sea mines. Initially, NATO warned of mine danger areas in the northwest
VIDEO: Ukraine destroys Russian Navy ship
On Monday, Russian state media channels showed the Russian Navy Alligator class landing ship Orsk offloading armored vehicles and tanks at the port of Berdyansk, in southern Ukraine. This morning, the General
ABS, too, withdraws class services to Russia
The American Bureau of Shipping (ABS) has joined the growing list of classification societies withdrawing services to Russian-linked entities. The society says that “after careful consideration of the situation in the Ukraine
Ukraine: IMO seeks safe “blue corridor” for ships
As the Russian invasion of Ukraine continues, the International Maritime Organization (IMO) is calling for the establishment of a blue safe maritime corridor. It would allow the safe evacuation of seafarers and
BIMCO: War in Ukraine will hurt growth in all shipping segments
Niels Rasmussen, chief shipping analyst at BIMCO, is warning that the negative impacts of Russia’s actions in Ukraine will have consequences for all sectors of shipping. Though much uncertainty remains, the immediate
Ukraine: “Warlike Operations Areas” for seafarers designated
The Joint Negotiating Group (JNG) of maritime employers and the International Transport Workers’ Federation (ITF) have designated areas in the Black Sea and the Sea of Azov as “Warlike Operations Areas,” triggering
Shipping warned of dangers as Ukraine tensions mount
MARAD has issued an advisory for the Black Sea and Sea of Azov, warning that regional tensions and increased naval activity in these areas could pose a risk to U.S.-flagged commercial shipping
Russian gas pipeline prompts growth in Black Sea
AUGUST 4, 2017—Responding to what it sees as “significant growth” in the Black Sea harbor towing and offshore work market, Dutch towing and salvage specialist Multraship is transferring its 63-ton bollard pull