The death toll from a Russian strike on a commercial vessel near Ukraine’s southern port of Odesa has risen to 10, Ukraine’s Seaports Authority said on Monday. The attack targeted a cargo ship carrying an international crew. Maritime security concerns continue to grow in the Black Sea. According to Ukrainian officials, the Guinea-Bissau-flagged vessel was […]
Black Sea shipping
Russian drone strikes Turkish cargo vessel
A Russian drone struck a Turkish-operated dry cargo vessel in Ukrainian waters, causing a major fire aboard the ship, according to the Ukrainian Navy. The incident is significant because it highlights continuing risks to civilian maritime traffic amid the conflict. Crew members from Egypt, Türkiye, and India were among those affected by the attack. The […]
Black sea drone strikes push shipping costs higher
Shipping costs in the Black Sea surged on Monday after Ukrainian naval drones hit two tankers heading toward a Russian port, raising fears of more attacks and pushing war-risk premiums higher. The area, used heavily for transporting grain and oil, has already faced months of instability, but the latest strikes have intensified concerns across the […]