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29 bulkers anchor at Izmail Gateway after Russian air strikes
来源：shippingazette 编辑：编辑部 发布：2023/08/02 09:07:50
TWENTY-NINE bulkers gathered near Ukraine's Izmail port terminal after Russia destroyed grain silos on the Danube, Reuters reported.
The pre-dawn air strikes wounded seven and hit infrastructure along the Danube, a vital alternative route for Ukrainian grain since the termination of the deal allowing safe passage of exports via the Black Sea.
Insurance industry sources have said war risk cover for Ukraine's ports that were part of the previous grain deal had been suspended. On Monday, three sources said some providers were also reviewing whether to continue to provide cover for Danube ports.
Since the collapse of the grain corridor deal and the increased targeting of ports and infrastructure by Russia, war risk underwriters were "forming their own independent views and deciding what is it is they are prepared to underwrite," said David Smith, head of hull liabilities at insurance broker McGill.
"The difficulty here is that unlike a rateable commodity, insurance costs for Ukraine right now are un-modellable."
The pre-dawn air strikes wounded seven and hit infrastructure along the Danube, a vital alternative route for Ukrainian grain since the termination of the deal allowing safe passage of exports via the Black Sea.
Insurance industry sources have said war risk cover for Ukraine's ports that were part of the previous grain deal had been suspended. On Monday, three sources said some providers were also reviewing whether to continue to provide cover for Danube ports.
Since the collapse of the grain corridor deal and the increased targeting of ports and infrastructure by Russia, war risk underwriters were "forming their own independent views and deciding what is it is they are prepared to underwrite," said David Smith, head of hull liabilities at insurance broker McGill.
"The difficulty here is that unlike a rateable commodity, insurance costs for Ukraine right now are un-modellable."