Tag: Ukraine

Japanese insurers are expected to keep marine war insurance, covering the sinking and requisition of ships due to war in Russian waters for at least three months for LNG vessels.

Three Japanese insurance companies will stop insuring ships for damage in all Russian waters due to the war in Ukraine, potentially affecting Japan's energy imports such as liquefied natural gas (LNG), according to international media.

The Russian invasion of Ukraine changed several aspects of the world as we know it, adding significantly to pandemic challenges. As a global industry that touches many countries, shipping could not stay unaffected.

While the Black Sea Grain Initiative received an extension for 120 days, "Russia still has tools to artificially limit its capabilities," said the Minister of Infrastructure of Ukraine, Oleksandr Kubrakov.

Russia’s ambassador to Turkey said on Friday that Moscow sends its representatives to more ship inspections in Istanbul per day than mandated under the Black Sea grain deal, rejecting a Ukrainian accusation that Russia is slowing down the process, according to international media sources.

UN and Ukraine agreed to extend the Black Sea Grain Initiative by 120 days, aiming to ease global food shortages by facilitating Ukraine's agricultural exports from its southern Black Sea ports.

In an exclusive interview to SAFETY4SEA, Mr. Yuichi Sonoda, ASA Secretary General, refers to key challenges and urges industry to look for innovators, creative thinkers, and a diverse set of skills to move forward.

After announcing their exit from the Black Sea Grain Initiative, Russia informed that it will eventually renew its participation, as it considers that "the guarantees received at the moment appear sufficient."

UN officials stationed at the Joint Coordination Centre (JCC) for the UN-brokered Black Sea Grain Initiative said there will be no movement of vessels on November 2, in the light of Russia’s decision to suspend its involvement in the deal.

Following the Russian government’s announcement that it is suspending participation in the Black Sea Grain Initiative, the ICS issued a statement, saying that the safety of ships and seafarers already in the grain corridor must be protected.