Solomon Islands to ban all navy ships from ports until new process in place By Reuters

© Reuters. FILE PHOTO: Solomon Islands’ Prime Minister Manasseh Sogavare remotely addresses the 76th Session of the U.N. General Assembly by pre-recorded video in New York City, U.S., September 25, 2021. REUTERS/Eduardo Munoz/Pool By Kirsty Needham SYDNEY (Reuters) – The Solomon Islands has suspended entry into its waters for foreign navy ships pending adoption of … Read more

Ukraine Grain Corridors Need More Ships, Affordable Insurance to Accelerate Exports

Ukraine’s first shipments of grain since being invaded by Russia are a harbinger of relief for squeezed global markets, but many challenges remain before the millions of tons of food stuck in the country can be released. Perhaps the biggest is the willingness of shipowners to send their vessels into harm’s way, as the waters … Read more

Rhine River Water Levels in Germany Keep Falling, Forcing Ships to Sail Partly Loaded

Water levels on the Rhine in Germany fell again during hot dry weather over the weekend and cargo vessels cannot sail fully loaded, vessel brokers and commodity traders said on Monday. Shallow water is causing problems for shipping on the entire river in Germany. The Rhine is one of the key channels linking Germany’s industrial … Read more

More Grain Ships Safely Depart From Ukrainian Black Sea Ports

Two more ships, carrying corn and soybeans, departed from Ukrainian Black Sea ports on Monday, Turkey and Ukraine said, taking the total to ten since the first ship sailed last week under a deal with Russia to unblock Ukrainian grain exports. The United Nations and Turkey brokered the agreement last month after warnings the halt … Read more

Shift in war’s front seen as ships cleared to leave Ukraine

Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Susie Blann Publishing date: Aug 07, 2022  •  11 minutes ago  •  4 minute read  •  Join the conversation Article content KYIV, Ukraine (AP) — Four more ships carrying agricultural cargo held up by the war in Ukraine received authorization Sunday to leave the … Read more

Taiwan says Chinese warplanes and ships conduct attack simulation exercise

Breadcrumb Trail Links PMN Business Author of the article: Reuters Yimou Lee and David Brunnstrom Article content TAIPEI — Taiwan officials said Chinese aircraft and warships rehearsed an attack on the island on Saturday, part of Beijing’s retaliation for a visit there by U.S. House of Representatives Speaker Nancy Pelosi that has also included a … Read more

Taiwan says Chinese planes, ships carry out attack simulation exercise

Breadcrumb Trail Links PMN Business Author of the article: Reuters Yimou Lee and David Brunnstrom Article content TAIPEI — Chinese aircraft and warships rehearsed an attack on Taiwan on Saturday, island officials said, in retaliation for a visit there by U.S. House Speaker Nancy Pelosi that also saw Beijing halt talks on security and other … Read more

Ukraine’s Grain is Ready to Go. But Ships Aren’t. Why? Risk

Shipping companies are not rushing to export millions of tons of grain trapped in Ukraine, despite a breakthrough deal to provide safe corridors through the Black Sea. That is because explosive mines are drifting in the waters, ship owners are assessing the risks and many still have questions over how the deal will unfold. The … Read more

Clearing Mines, Finding Ships and Insurance, Trusting Putin

Ukraine finally secured a deal aimed at restarting crucial Black Sea grain exports that have been crippled by Russia’s invasion. But getting them going won’t be easy. Government officials from Kyiv and Moscow on Friday signed parallel agreements with Turkey and the United Nations at a meeting in Istanbul intended to help revive shipments from … Read more

Insurers Want Safety Assurances Before Covering Ships Sailing in Ukraine Grain Corridor

Insurers will only be willing to cover ships sailing through a proposed corridor to get Ukrainian grain out if there are arrangements for international navy escorts and a clear strategy to deal with sea mines, underwriters and brokers say. Russia, Ukraine, Turkey and the United Nations are expected to sign a deal later this week … Read more