Lebanon’s Hezbollah has published a video showing vessels involved in the Israeli offshore oil and gas industry and warned the country against “playing with time”. Hezbollah restated its threat of military escalation amid maritime border demarcation talks. The footage, which was released on Sunday,...
Political Risk, Credit & Finance
New Zealand’s borders fully open after long pandemic closure
New Zealand’s borders have been opened fully for the first time since March 2020. Immigration authorities will now begin accepting visitors with visas and those on student visas again. Prime Minister Jacinda Ardern called it an “enormous moment”, but noted that most visitors would still need to be...
The Black Sea Grain Initiative: Dryad Global says first days are the riskiest
Security Consultancy Dryad Global has warned that the first days of the grain agreement between Ukraine and Russia will be the most dangerous. On July 22nd Ukraine and Russia signed agreements with Turkey to facilitate the export of grain, foodstuffs, and fertilizers from Ukraine. Within 24 hours...
Bulk carrier detained by Ukraine
Ukrainian authorities detained Panama-flagged, UAE-owned bulk carrier Emmakris III (IMO 9218387) in the port of Chornomorsk, near Odesa on the Black sea, following a decision by a Kyiv Court. The ship arrived at Chornomorsk in February prior to the Russian invasion. It loaded about 60,000 tonnes of...
https://insurancemarinenews.com/insurance-marine-news/bulk-carrier-detained-by-ukraine/
Ascot leads and Marsh brokers insurance for Ukraine sea corridor
Insurer Ascot Group, which provides insurance and reinsurance through its Lloyd’s and Bermuda platforms and in the US via Ascot US and Ethos, has linked with global insurance broker Marsh to launch marine cargo and war insurance for grain and food products moving from Ukrainian Black Sea ports, the...
Egypt to consider sending agriculture inspectors to Ukrainian ports – official
Egypt was considering sending agricultural inspectors to Ukrainian ports to inspect wheat cargoes bound for Egypt, the head of the Egyptian agricultural quarantine, Ahmed El Attar, told Reuters on Friday July 29th. Egypt has cancelled contracts for a total of 240,000 tonnes of Ukrainian wheat that...
Flour and barley on ship docked in Lebanon not stolen from Ukraine, importer says
Lebanon appeared on Friday July 29th to reject claims by the Ukrainian Embassy in Beirut that Syrian ship Laodicea (IMO 9274343), which had docked in the Lebanese port of Tripoli on Wednesday July 27th, was carrying Ukrainian grain stolen by Russia, following an inspection by Lebanese customs...
Shipping Coordination Centre opens in Istanbul
As efforts continue to shift grain out of silos in Ukraine into flour mills in Egypt and elsewhere, Turkey has opened a joint shipping coordination centre in Istanbul that will oversee Ukrainian grain exports. Turkey’s defines ministry, which signed the agreement with the UN, Russia, and Ukraine,...
Dutch plan to use ferries to house refugees hits environmental rules barrier
A plan by the Netherlands government to use chartered ferries or cruise ships for refugees has hit another hurdle, this time relating to environmental regulations. The government announced the plan last week, but it was loudly criticized for a range of reasons. One of the ships, ferry Aurelia (IMO...
Fishing tragedies on Spanish vessels see relatives pressure governments
A sequence of tragedies on Spanish fishing vessels has seen relatives of the 21 victims of the sinking of the Villa de Pitanxo (IMO 9098244) meet with the Minister of Transport, Raquel Sánchez, in Madrid on July 26th. The relatives are asking the Spanish government to collect evidence and ascertain...