Black Sea shipping rates rise as reinsurers cut cover

Capt. John

Costs for hiring ships to transport commodities from the Black Sea have risen by more than a fifth since the start of the year, reflecting higher war risk insurance rates, industry sources said. The Black Sea is crucial for the shipment of grain, oil and oil products. Its waters are shared by...

https://www.hellenicshippingnews.com/black-sea-shipping-rates-rise-as-reinsurers-cut-cover/

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