Ukraine reaches deal on insurance of Black Sea exports

Capt. John

Ukraine has signed a deal with Lloyd’s of London and Marsh McLennan to bring insurance cover for ships taking Ukrainian grain exports. Ukraine’s economy minister Yulia Svyrydenko said that the $50m programme would insure ships against military risks. Marsh McLennan said yesterday that, in collaboration with the Ukrainian government, the Export Credit Agency of Ukraine,…

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Author: Capt. John

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