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US says Ukraine, Russia agree to ensure safe navigation in Black Sea

US says Ukraine, Russia agree to ensure safe navigation in Black Sea

by AIP Online Bureau | Mar 25, 2025 | Eco/Invest/Demography, International News, Policy

The White House said in a statement that Washington would help restore Russia’s access to the world market for agricultural and fertiliser exports and would continue facilitating talks on both sides in a bid toward achieving a sustainable peace The United States...
Only grain ships from Black Sea and for Iran still crossing Red Sea

Only grain ships from Black Sea and for Iran still crossing Red Sea

by AIP Online Bureau | Mar 2, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

“Just about all (dry bulk grain) vessels going from the Americas and western Europe are avoiding the Red Sea, the only exception is vessels going to Iran, they’re still taking the Red Sea route when shorter.All vessels we are tracking going from the Black Sea to Asia...

Marine insurers continue to support trade in the Red Sea & Black Sea

by AIP Online Bureau | Feb 12, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

The impact on Suez Canal transits and global supply chains are significant but this has not affected the ability of the marine insurance market to provide adequate cover – both for Red Sea/Suez Canal transits or for the longer route around the Cape of Good Hope,...
Only grain ships from Black Sea and for Iran still crossing Red Sea

Red Sea, Black Sea and Panama Canal: UNCTAD raises alarm on global trade disruptions

by AIP Online Bureau | Jan 29, 2024 | Eco/Invest/Demography, International News, Risk Management

The Suez Canal, a critical waterway connecting the Mediterranean Sea to the Red Sea, handled approximately 12% to 15% of global trade in 2023. UNCTAD estimates that the trade volume going through the Suez Canal decreased by 42% over the last two months Geneva: The...

UN chief says it will be difficult to revive Black Sea grain deal

by AIP Online Bureau | Nov 8, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

U.N. officials are working to try to revive the deal, which Russia quit a year after it was brokered by the United Nations and Turkey — complaining that its own food and fertilizer exports faced obstacles and that not enough Ukrainian grain was going to countries in...
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