On the morning of the 24th February 2022 Russian forces are understood to have commenced operations within Ukraine this is understood to have included blocking access to the Sea of Azov.
At this time, Dryad Global advise all commercial operators to avoid any transit or operations within the EEZ of Ukraine or Russia in the Black Sea.
Commercial operations within the EEZ of Turkey, Bulgaria and Romania remain unaffected at this time.
As the situation develops there remains a high degree of uncertainty regarding the freedom of navigation throughout the wider Black Sea. The main risk to all vessels and commercial operations beyond the key risk area is commercial uncertainty rather than risk to safety of crew.
Vessels and commercial operators are reminded to avoid all operations and transit within the EEZ of Russia and Ukraine at this time.
Dryad adds that Russia is not believed to hold any intent towards targeting any foreign or civilian vessels through military action.
Whilst an invasion of Ukrainian territory is underway it is assessed as unlikely that this would lead to a kinetic exchange between forces within the maritime domain
